$4,432

Avg. Federal Grant

$5,622

Avg. Federal Loan

$3,660,726

Total Aid Awarded

Judson College (JC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$3.661M

Financial Aid Official Website

www.judson.edu

It is interesting to note that almost every student at JC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $1,668,142. For additional information about financial assistance schemes, one can head over to JC’s financial aid page at http://www.judson.edu. At JC, the total percentage of applicants who receive the Federal Grant stands at 66%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 66% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,939, and the same stands at $950 for State Grant awardees and $14,215 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,381. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $16,327 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $15,337 and $13,453, respectively. Those with an annual income level of $75,001-$110,000 would receive $8,241, while candidates with more than $110,000 of family income receive an average federal aid of $9,907. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At JC, an estimated number of 73% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

68%

State Grant Aid

89%

Institution Grant Aid

98%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$4,432

State Grant Aid

$793

Institution Grant Aid

$11,929

Pell Grant

$4,505

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$15,817

$30,001 - $48,000

$15,104

$48,001 - $75,000

$16,624

$75,001 - $110,000

$15,826

Over $110,000

$10,605

Student Loans for Judson College (JC)

Average Loan Amount Average Loan Amount received per year.

$6,582/Year

Students Taking Out Loans

74%

Loan Default Rate

17.7%

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