$4,999

Avg. Federal Grant

$6,174

Avg. Federal Loan

$8,321,443

Total Aid Awarded

Plaza College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$8.321M

Financial Aid Official Website

www.plazacollege.edu

It is interesting to note that, every year, around 97% of students at PC receive some kind of financial aid, while the total amount of assistance/loans provided is $6,371,228. At PC, the total percentage of applicants who receive the Federal Grant stands at 86%. Meanwhile, 86% of the applicants receive the Student Grant and 10% are awarded the Institution Grant, while 86% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,144, and the same stands at $2,880 for State Grant awardees and $2,400 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $6,050. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Plaza College, the percentage of candidates who opt to avail of student loans is around 92%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

86%

State Grant Aid

49%

Institution Grant Aid

10%

Pell Grant

86%

Average Aid Awarded

Federal Grant Aid

$4,999

State Grant Aid

$3,519

Institution Grant Aid

$2,300

Pell Grant

$4,999

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,215

$30,001 - $48,000

$6,612

$48,001 - $75,000

$385

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Plaza College

Average Loan Amount Average Loan Amount received per year.

$6,174/Year

Students Taking Out Loans

92%

Loan Default Rate

0.2%

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