$5,172

Avg. Federal Grant

N/A

Avg. Federal Loan

$3,023,167

Total Aid Awarded

Phillips Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

47%

Total Aid Amount Average Total Aid Awarded per year.

$3.023M

Financial Aid Official Website

www.pccua.edu/admissions-financial-aid/financial-aid/

Among them are scholarship programs such as Phillips Community College of the University of Arkansas - National Merit Scholarship. It is interesting to note that, every year, around 95% of students at PCCUA receive some kind of financial aid. For additional information about financial assistance schemes, one can head over to PCCUA’s financial aid page at http://www.pccua.edu/admissions-financial-aid/financial-aid/. Notably, a total of 83% of the applicants to Phillips Community College of the University of Arkansas receive the Federal Grant every year. On the other hand, 91% of the candidates get the Student Grant, 21% receive the Institution Grant, and 83% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,341, while the same comes to $975 for State Grant receivers and $2,044 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,346. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

85%

State Grant Aid

22%

Institution Grant Aid

19%

Pell Grant

85%

Average Aid Awarded

Federal Grant Aid

$5,172

State Grant Aid

$960

Institution Grant Aid

$1,701

Pell Grant

$5,046

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,003

$30,001 - $48,000

$4,568

$48,001 - $75,000

$3,350

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Phillips Community College

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

17.5%

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