Peirce College Financial Aid and Scholarships
Students Receiving Aid
73%
Total Aid Amount
$5.291M
Financial Aid Official Website
https://www.peirce.edu/financial-aid-options
Students can avail of scholarships provided by the college, such as Joseph P. Gavenonis Scholarship, Ohio College Opportunity Grant, and Technology Scholarship, if they find educational expenses to be on the higher side. Interestingly, almost all of the students at PC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $7,144,037 in a year. Notably, a total of 70% of the applicants to Peirce College receive the Federal Grant every year. On the other hand, 80% of the candidates get the Student Grant, 80% receive the Institution Grant, and 70% get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,348. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 Peirce College, the percentage of candidates who opt to avail of student loans is around 20%.
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