$5,680

Avg. Federal Grant

$8,444

Avg. Federal Loan

$10,448,675

Total Aid Awarded

Porter and Chester Institute Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$10.449M

Financial Aid Official Website

www.porterchester.com/financial-aid/

As many as 93% of the students at PCIS get some sort of financial aid, and the total amount of assistance/loans provided is more than $12,634,902 in a year. The total percentage of candidates applying to Porter and Chester Institute of Stratford who receive the Federal Grant is 74%. On the other hand, 87% of the candidates get the Student Grant, 66% receive the Institution Grant, and 74% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,694, and the same stands at $13,655 for State Grant awardees and $1,510 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,742. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Porter and Chester Institute of Stratford, the percentage of candidates who opt to avail of student loans is around 82%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

64%

State Grant Aid

4%

Institution Grant Aid

76%

Pell Grant

64%

Average Aid Awarded

Federal Grant Aid

$5,680

State Grant Aid

$11,739

Institution Grant Aid

$1,551

Pell Grant

$5,500

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,722

$30,001 - $48,000

$7,178

$48,001 - $75,000

$3,120

$75,001 - $110,000

$2,485

Over $110,000

$2,142

Student Loans for Porter and Chester Institute

Average Loan Amount Average Loan Amount received per year.

$10,634/Year

Students Taking Out Loans

81%

Loan Default Rate

26%

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