James A Rhodes State College Financial Aid and Scholarships
Students Receiving Aid
28%
Total Aid Amount
$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.