$4,766

Avg. Federal Grant

$5,869

Avg. Federal Loan

$33,022,046

Total Aid Awarded

Los Angeles Pierce College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

59%

Total Aid Amount Average Total Aid Awarded per year.

$33.022M

Financial Aid Official Website

www.piercecollege.edu/offices/financial_aid/

Notably, 68% of the students at Los Angeles Pierce College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,604,113. One can visit LAPC's financial aid page at http://www.piercecollege.edu/offices/financial_aid/ for more information. Notably, a total of 44% of the applicants to Los Angeles Pierce College receive the Federal Grant every year. On the other hand, 68% of the candidates get the Student Grant, while 44% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,088. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At LAPC, an estimated number of 2% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

73%

Institution Grant Aid

N/A

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$4,766

State Grant Aid

$1,962

Institution Grant Aid

N/A

Pell Grant

$4,690

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,602

$30,001 - $48,000

$7,188

$48,001 - $75,000

$4,475

$75,001 - $110,000

$3,192

Over $110,000

N/A

Student Loans for Los Angeles Pierce College

Average Loan Amount Average Loan Amount received per year.

$5,869/Year

Students Taking Out Loans

3%

Loan Default Rate

13.2%

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