$4,940

Avg. Federal Grant

$4,059

Avg. Federal Loan

$30,610,399

Total Aid Awarded

Grossmont College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$30.610M

Financial Aid Official Website

www.grossmont.edu/fa/

The Grossmont College is not an expensive institute, they focuses on providing quality education to its students at a very nominal rates. Students facing any problem in paying fees receive financial assistance from the college, arounf 60% of the students receive financial aid which covers a great percentage of the student population. The total financial aid and scholarships awarded to students reaches up to a cumulative sum of $30.610M. Depending on the candidate’s application and eligibility, they will be open to special benefits or offers, varying from scholarships to grants.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

66%

Institution Grant Aid

1%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,940

State Grant Aid

$1,928

Institution Grant Aid

$665

Pell Grant

$4,820

The college offers financial assistance to its students, the average financial aid students receive $4,940 which help them to pay for college. 

With regards to awards, students get the chance to take up various awards; government, institutional, or state awards.

  • As per the records observed, 44% of the students are awarded Federal Grant Aid which adds up to at a normal of $4940.

  • Almost 44% of the students receive Pell Grants which add up to a normal of around $4,820.

  • Roughly 66% of the students are eligible for state awards at a normal of around $1,928.

  • 1% of the students get institutional awards which add up to a normal of around $665.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,970

$30,001 - $48,000

$6,819

$48,001 - $75,000

$4,133

$75,001 - $110,000

$2,873

Over $110,000

N/A

Financial aid in the form of federal aid is provided to a student, depending on the income of the student or the student’s family. The Institute offers financial aid on the basis of family income, the family income of students is divided into five slabs. 

For a student who has a family income ranging from 0 to $30,000, the average federal aid provided is $7,970 where as a student having a family income ranging from $30,001 to $48,000 the average federal aid is $6,819

The student who has a family income ranging from $48,001 to $75,000 the average federal aid provided is $4,133 whereas the student having an annual income ranging from $75,001 to $110,000 the average federal provided is around $2,873.

Student Loans for Grossmont College

Average Loan Amount Average Loan Amount received per year.

$4,475/Year

Students Taking Out Loans

2%

Loan Default Rate

14.4%

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