$4,751

Avg. Federal Grant

$4,225

Avg. Federal Loan

$9,229,879

Total Aid Awarded

Gulf Coast State College (GCSC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

41%

Total Aid Amount Average Total Aid Awarded per year.

$9.230M

Financial Aid Official Website

https://www.gulfcoast.edu/tuition-aid/financial-aid/index.html

As many as 72% of the students at GCSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,078,968 in a year. One can visit GCSC's financial aid page at https://www.gulfcoast.edu/tuition-aid/financial-aid/index.html for more information. The total percentage of candidates applying to Gulf Coast State College who receive the Federal Grant is 46%. Meanwhile, 70% of the applicants receive the Student Grant and 29% are awarded the Institution Grant, while 46% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,380, the State Grant receivers and Institution Grant beneficiaries get $2,051 and $1,551, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,482. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At GCSC, an estimated number of 7% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

47%

Institution Grant Aid

27%

Pell Grant

48%

Average Aid Awarded

Federal Grant Aid

$4,751

State Grant Aid

$1,949

Institution Grant Aid

$1,417

Pell Grant

$4,679

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,023

$30,001 - $48,000

$5,775

$48,001 - $75,000

$3,680

$75,001 - $110,000

$466

Over $110,000

$1,274

Student Loans for Gulf Coast State College (GCSC)

Average Loan Amount Average Loan Amount received per year.

$4,225/Year

Students Taking Out Loans

8%

Loan Default Rate

14.7%

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