$3,890

Avg. Federal Grant

$4,634

Avg. Federal Loan

$7,088,911

Total Aid Awarded

Pierce College-Puyallup Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

28%

Total Aid Amount Average Total Aid Awarded per year.

$7.089M

Financial Aid Official Website

www.pierce.ctc.edu/financial-aid

It is interesting to note that, every year, around 49% of students at PCP receive some kind of financial aid, while the total amount of assistance/loans provided is $2,997,232. One can visit PCP's financial aid page at http://www.pierce.ctc.edu/financial-aid for more information. At PCP, the total percentage of applicants who receive the Federal Grant stands at 28%. In comparison, 34% of the students are awarded the Student Grant, 8% get the Institution Grant, and 28% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,194, the State Grant receivers and Institution Grant beneficiaries get $3,295 and $2,122, respectively. And, for the Pell Grant awardees, the average aid amount is $4,020. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At PCP, an estimated number of 16% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

29%

Institution Grant Aid

10%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$3,890

State Grant Aid

$2,768

Institution Grant Aid

$1,292

Pell Grant

$3,849

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,903

$30,001 - $48,000

$5,599

$48,001 - $75,000

$2,952

$75,001 - $110,000

$1,099

Over $110,000

$18

Student Loans for Pierce College-Puyallup

Average Loan Amount Average Loan Amount received per year.

$4,600/Year

Students Taking Out Loans

22%

Loan Default Rate

N/A

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