$4,590

Avg. Federal Grant

$4,591

Avg. Federal Loan

$18,922,401

Total Aid Awarded

Prince George's Community College (PGCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$18.922M

Financial Aid Official Website

www.pgcc.edu/Paying_for_College/Paying_for_College.aspx

Among them are scholarship programs such as Christa McAuliffe Scholarship, Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, Edward T. Conroy Memorial Scholarship, and Graduate and Professional Scholarship. It is interesting to note that, every year, around 73% of students at PGCC receive some kind of financial aid, while the total amount of assistance/loans provided is $10,955,537. At PGCC, the total percentage of applicants who receive the Federal Grant stands at 53%. In comparison, 65% of the students are awarded the Student Grant, 20% get the Institution Grant, and 53% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,926, while the same comes to $1,017 for State Grant receivers and $3,321 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,662. 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. 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 PGCC, an estimated number of 20% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

22%

Institution Grant Aid

21%

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$4,590

State Grant Aid

$1,093

Institution Grant Aid

$2,821

Pell Grant

$4,510

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,776

$30,001 - $48,000

$5,195

$48,001 - $75,000

$3,058

$75,001 - $110,000

$1,468

Over $110,000

$829

Student Loans for Prince George's Community College (PGCC)

Average Loan Amount Average Loan Amount received per year.

$4,593/Year

Students Taking Out Loans

22%

Loan Default Rate

17.1%

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