$5,000

Avg. Federal Grant

$7,063

Avg. Federal Loan

$3,206,416

Total Aid Awarded

Providence Christian College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$3.206M

Financial Aid Official Website

www.providencecc.edu/admissions/financial-aid/

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $877,915. The total percentage of candidates applying to Providence Christian College who receive the Federal Grant is 40%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 40% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,886, while the same comes to $7,470 for State Grant receivers and $17,350 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,525. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At PCC, an estimated number of 91% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

39%

State Grant Aid

29%

Institution Grant Aid

100%

Pell Grant

39%

Average Aid Awarded

Federal Grant Aid

$5,000

State Grant Aid

$6,520

Institution Grant Aid

$19,510

Pell Grant

$4,875

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$25,682

$30,001 - $48,000

$23,060

$48,001 - $75,000

$23,771

$75,001 - $110,000

$14,500

Over $110,000

$33,646

Student Loans for Providence Christian College

Average Loan Amount Average Loan Amount received per year.

$6,955/Year

Students Taking Out Loans

84%

Loan Default Rate

25%

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