$6,408

Avg. Federal Grant

$5,313

Avg. Federal Loan

$205,188

Total Aid Awarded

Paier College of Art Inc Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$205.188K

Financial Aid Official Website

N/A

It is interesting to note that, every year, around 88% of students at PCAI receive some kind of financial aid, while the total amount of assistance/loans provided is $383,994. Notably, a total of 56% of the applicants to Paier College of Art Inc receive the Federal Grant every year. In comparison, 63% of the students are awarded the Student Grant, 19% get the Institution Grant, and 56% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,695. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At PCAI, an estimated number of 81% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

80%

State Grant Aid

20%

Institution Grant Aid

20%

Pell Grant

80%

Average Aid Awarded

Federal Grant Aid

$6,408

State Grant Aid

$500

Institution Grant Aid

$1,470

Pell Grant

$5,061

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,300

$30,001 - $48,000

$5,500

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Paier College of Art Inc

Average Loan Amount Average Loan Amount received per year.

$8,191/Year

Students Taking Out Loans

80%

Loan Default Rate

N/A

Other Colleges In Connecticut

University of Hartford
University of Hartford

West Hartford, Connecticut

Yale University
Yale University

New Haven, Connecticut

Other Colleges In Hamden

Quinnipiac University
Quinnipiac University

Hamden, Connecticut

Other Private for-profit Colleges

UEI College
UEI College

Phoenix, Arizona

Capella University
Capella University

Minneapolis, Minnesota

Waldorf University
Waldorf University

Forest City, Iowa