Pitzer College Financial Aid and Scholarships
Students Receiving Aid
46%
Total Aid Amount
$19.987M
Financial Aid Official Website
https://www.pitzer.edu/financial-aid/
Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. As many as 48% of the students at PC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,581,670 in a year. More information regarding the financial assistance schemes can be accessed on PC’s official financial aid page at https://www.pitzer.edu/financial-aid/. The total percentage of candidates applying to Pitzer College who receive the Federal Grant is 10%. On the other hand, 43% of the candidates get the Student Grant, 43% receive the Institution Grant, and 10% get the Pell Grant. While the Federal Grant awardees receive an average aid of $7,692, the State Grant receivers and Institution Grant beneficiaries get $9,084 and $33,642, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,890. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $58,989 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $53,182, while those falling in the $48,001-$75,000 income category get $47,519 a year. Those with an annual income level of $75,001-$110,000 would receive $45,847, while candidates with more than $110,000 of family income receive an average federal aid of $23,857. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At PC, an estimated number of 30% of the applicants choose to go for student loans.