$5,391

Avg. Federal Grant

$7,222

Avg. Federal Loan

$494,391

Total Aid Awarded

PCI College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$494.391K

Financial Aid Official Website

N/A

As many as 95% of the students at PC get some sort of financial aid, and the total amount of assistance/loans provided is more than $799,638 in a year. Notably, a total of 90% of the applicants to PCI College receive the Federal Grant every year. Meanwhile, 90% of the applicants receive the Student Grant, while 90% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,911. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At PCI College, the percentage of candidates who opt to avail of student loans is around 95%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

85%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

85%

Average Aid Awarded

Federal Grant Aid

$5,391

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,215

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,576

$30,001 - $48,000

$4,196

$48,001 - $75,000

$5,370

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for PCI College

Average Loan Amount Average Loan Amount received per year.

$7,222/Year

Students Taking Out Loans

88%

Loan Default Rate

9.6%

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