$2,589

Avg. Federal Grant

$5,592

Avg. Federal Loan

$653,963

Total Aid Awarded

Platt College-Aurora Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$653.963K

Financial Aid Official Website

www.plattcolorado.edu/apply/financial-aid

Interestingly, almost all of the students at PCA receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $2,710,426 in a year. Notably, a total of 100% of the applicants to Platt College-Aurora receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant, while 100% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,761. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At PCA, an estimated number of 75% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

80%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

80%

Average Aid Awarded

Federal Grant Aid

$2,589

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$2,514

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,714

$30,001 - $48,000

$1,430

$48,001 - $75,000

$2,070

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Platt College-Aurora

Average Loan Amount Average Loan Amount received per year.

$17,717/Year

Students Taking Out Loans

100%

Loan Default Rate

N/A

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