Northern Virginia Community College Financial Aid and Scholarships
Students Receiving Aid
35%
Total Aid Amount
$59.409M
Financial Aid Official Website
N/A
Among them are scholarship programs such as Guernsey Family Scholarship and Virginia Military Survivors and Dependents Education Program. As many as 59% of the students at NVCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $32,715,939 in a year. At NVCC, the total percentage of applicants who receive the Federal Grant stands at 42%. On the other hand, 50% of the candidates get the Student Grant, 25% receive the Institution Grant, and 42% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,768, the State Grant receivers and Institution Grant beneficiaries get $1,422 and $1,719, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,598. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Northern Virginia Community College, the percentage of candidates who opt to avail of student loans is around 20%.
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