$2,511

Avg. Federal Grant

$2,003

Avg. Federal Loan

$397,643

Total Aid Awarded

John A Gupton College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$397.643K

Financial Aid Official Website

N/A

Such schemes include Chapter 105 - Memphis - Les Segar Memorial Scholarship, Dr. Richard Forrest & Ella Dudney Kelsey Memorial Scholarship, Tennessee HOPE Scholarship, and Tennessee Student Assistance Award. It is interesting to note that, every year, around 92% of students at JAGC receive some kind of financial aid, while the total amount of assistance/loans provided is $330,651. At JAGC, the total percentage of applicants who receive the Federal Grant stands at 50%. On the other hand, 75% of the candidates get the Student Grant, while 50% receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,700. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At John A Gupton College, the percentage of candidates who opt to avail of student loans is around 58%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

60%

State Grant Aid

90%

Institution Grant Aid

N/A

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$2,511

State Grant Aid

$2,263

Institution Grant Aid

N/A

Pell Grant

$2,511

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,616

$30,001 - $48,000

$2,993

$48,001 - $75,000

N/A

$75,001 - $110,000

$2,102

Over $110,000

N/A

Student Loans for John A Gupton College

Average Loan Amount Average Loan Amount received per year.

$2,003/Year

Students Taking Out Loans

40%

Loan Default Rate

2.9%

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