$6,232

Avg. Federal Grant

N/A

Avg. Federal Loan

$5,893,534

Total Aid Awarded

Isothermal Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$5.894M

Financial Aid Official Website

https://www.isothermal.edu/current-students/financial-aid

Such schemes include North Carolina Student Incentive Grant and Triangle Scholarship Program. It is interesting to note that, every year, around 95% of students at ICC receive some kind of financial aid. For additional information about financial assistance schemes, one can head over to ICC’s financial aid page at https://www.isothermal.edu/current-students/financial-aid. Notably, a total of 68% of the applicants to Isothermal Community College receive the Federal Grant every year. On the other hand, 95% of the candidates get the Student Grant, 47% receive the Institution Grant, and 68% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $7,081, while the same comes to $1,977 for State Grant receivers and $2,726 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $6,726. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

20%

Institution Grant Aid

32%

Pell Grant

48%

Average Aid Awarded

Federal Grant Aid

$6,232

State Grant Aid

$1,828

Institution Grant Aid

$3,294

Pell Grant

$6,284

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,363

$30,001 - $48,000

$6,418

$48,001 - $75,000

$7,139

$75,001 - $110,000

$6,169

Over $110,000

N/A

Student Loans for Isothermal Community College

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

40.4%

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