$4,670

Avg. Federal Grant

$3,952

Avg. Federal Loan

$15,796,309

Total Aid Awarded

Jefferson State Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

43%

Total Aid Amount Average Total Aid Awarded per year.

$15.796M

Financial Aid Official Website

www.jeffersonstate.edu/financial-aid/

Notably, 77% of the students at Jefferson State Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $8,411,023. More information regarding the financial assistance schemes can be accessed on JSCC’s official financial aid page at http://www.jeffersonstate.edu/financial-aid/. The total percentage of candidates applying to Jefferson State Community College who receive the Federal Grant is 49%. On the other hand, 62% of the candidates get the Student Grant, 17% receive the Institution Grant, and 48% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,180, and the same stands at $996 for State Grant awardees and $4,542 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,658. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 29% of the applicants to Jefferson State Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

5%

Institution Grant Aid

17%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,670

State Grant Aid

$2,361

Institution Grant Aid

$3,928

Pell Grant

$4,522

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,545

$30,001 - $48,000

$4,956

$48,001 - $75,000

$2,395

$75,001 - $110,000

$1,063

Over $110,000

$140

Student Loans for Jefferson State Community College

Average Loan Amount Average Loan Amount received per year.

$3,952/Year

Students Taking Out Loans

26%

Loan Default Rate

13.8%