$4,727

Avg. Federal Grant

$4,336

Avg. Federal Loan

$16,001,074

Total Aid Awarded

Harper College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

29%

Total Aid Amount Average Total Aid Awarded per year.

$16.001M

Financial Aid Official Website

https://www.harpercollege.edu/registration/financialaid/info/index.php

Notably, 51% of the students at William Rainey Harper College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,589,235. One can visit WRHC's financial aid page at https://www.harpercollege.edu/registration/financialaid/info/index.php for more information. The total percentage of candidates applying to William Rainey Harper College who receive the Federal Grant is 37%. In comparison, 45% of the students are awarded the Student Grant, 9% get the Institution Grant, and 37% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,855, the State Grant receivers and Institution Grant beneficiaries get $1,745 and $2,236, respectively. And, for the Pell Grant awardees, the average aid amount is $3,780. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 6% of the applicants to William Rainey Harper College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

24%

Institution Grant Aid

5%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$4,727

State Grant Aid

$1,785

Institution Grant Aid

$2,026

Pell Grant

$4,693

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,510

$30,001 - $48,000

$5,892

$48,001 - $75,000

$3,297

$75,001 - $110,000

$882

Over $110,000

$232

Student Loans for Harper College

Average Loan Amount Average Loan Amount received per year.

$4,321/Year

Students Taking Out Loans

7%

Loan Default Rate

8.4%

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