$3,260

Avg. Federal Grant

$4,751

Avg. Federal Loan

$3,608,960

Total Aid Awarded

James A Rhodes State College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

28%

Total Aid Amount Average Total Aid Awarded per year.

$3.609M

Financial Aid Official Website

www.rhodesstate.edu/About%20Rhodes/College%20Offices%20and%20Departments/Financial%20Aid.aspx

It is interesting to note that, every year, around 84% of students at JARSC receive some kind of financial aid, while the total amount of assistance/loans provided is $3,258,681. Notably, a total of 50% of the applicants to James A Rhodes State College receive the Federal Grant every year. On the other hand, 74% of the candidates get the Student Grant, 39% receive the Institution Grant, and 50% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,318, and the same stands at $1,400 for State Grant awardees and $2,142 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,329. 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. 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 32% of the applicants to James A Rhodes State College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

58%

State Grant Aid

N/A

Institution Grant Aid

35%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$3,260

State Grant Aid

N/A

Institution Grant Aid

$1,854

Pell Grant

$4,061

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,440

$30,001 - $48,000

$4,816

$48,001 - $75,000

$2,988

$75,001 - $110,000

$782

Over $110,000

$1,214

Student Loans for James A Rhodes State College

Average Loan Amount Average Loan Amount received per year.

$4,793/Year

Students Taking Out Loans

38%

Loan Default Rate

17%

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