$4,739

Avg. Federal Grant

$2,000

Avg. Federal Loan

$2,390,059

Total Aid Awarded

Jacksonville College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

46%

Total Aid Amount Average Total Aid Awarded per year.

$2.390M

Financial Aid Official Website

www.jacksonville-college.edu/financial-aid

As many as 96% of the students at JCMC get some sort of financial aid, and the total amount of assistance/loans provided is more than $45,500 in a year. Notably, a total of 93% of the applicants to Jacksonville College-Main Campus receive the Federal Grant every year. In comparison, 96% of the students are awarded the Student Grant, 62% get the Institution Grant, and 88% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,470, while the same comes to $3,199 for State Grant receivers and $3,165 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,520. 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. Candidates are also required to repay these loans within a given period. At Jacksonville College-Main Campus, the percentage of candidates who opt to avail of student loans is around 8%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

94%

State Grant Aid

68%

Institution Grant Aid

81%

Pell Grant

88%

Average Aid Awarded

Federal Grant Aid

$4,739

State Grant Aid

$3,199

Institution Grant Aid

$3,165

Pell Grant

$4,997

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,227

$30,001 - $48,000

$4,962

$48,001 - $75,000

$2,802

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Jacksonville College

Average Loan Amount Average Loan Amount received per year.

$2,575/Year

Students Taking Out Loans

11%

Loan Default Rate

31.2%

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