$4,543

Avg. Federal Grant

$4,495

Avg. Federal Loan

$14,596,828

Total Aid Awarded

Joliet Junior College (JJC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

26%

Total Aid Amount Average Total Aid Awarded per year.

$14.597M

Financial Aid Official Website

www.jjc.edu/getting-started/pay-school/financial-aid

Such schemes include AMVETS Post #100 Scholarship, August & Edna Zahatko Scholarship, Grant Program for Descendants of Police, Fire, or Correctional Officers, and Illinois Incentive for Access. It is interesting to note that, every year, around 47% of students at JJC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,092,533. One can visit JJC's financial aid page at http://www.jjc.edu/getting-started/pay-school/financial-aid for more information. Notably, a total of 35% of the applicants to Joliet Junior College receive the Federal Grant every year. Meanwhile, 46% of the applicants receive the Student Grant and 7% are awarded the Institution Grant, while 35% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,708, the State Grant receivers and Institution Grant beneficiaries get $1,470 and $1,696, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,412. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. Every year, around 11% of the applicants to Joliet Junior College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

16%

Institution Grant Aid

9%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$4,543

State Grant Aid

$1,248

Institution Grant Aid

$2,070

Pell Grant

$4,457

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,172

$30,001 - $48,000

$4,466

$48,001 - $75,000

$2,739

$75,001 - $110,000

$319

Over $110,000

N/A

Student Loans for Joliet Junior College (JJC)

Average Loan Amount Average Loan Amount received per year.

$4,495/Year

Students Taking Out Loans

14%

Loan Default Rate

11.3%

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