Irvine Valley College (IVC) Financial Aid and Scholarships
Students Receiving Aid
40%
Total Aid Amount
$17.186M
Financial Aid Official Website
financialaid.ivc.edu/Pages/default.aspx
Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. It is interesting to note that, every year, around 46% of students at IVC receive some kind of financial aid, while the total amount of assistance/loans provided is $485,685. More information regarding the financial assistance schemes can be accessed on IVC’s official financial aid page at http://financialaid.ivc.edu/Pages/default.aspx. Notably, a total of 26% of the applicants to Irvine Valley College receive the Federal Grant every year. In comparison, 45% of the students are awarded the Student Grant, 8% get the Institution Grant, and 26% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,486, and the same stands at $2,761 for State Grant awardees and $1,569 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,409. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Irvine Valley College, the percentage of candidates who opt to avail of student loans is around 1%.
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