$4,779

Avg. Federal Grant

$4,406

Avg. Federal Loan

$8,709,776

Total Aid Awarded

Quincy College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

43%

Total Aid Amount Average Total Aid Awarded per year.

$8.710M

Financial Aid Official Website

https://quincycollege.edu/tuition/financial-aid/

As many as 68% of the students at QC get some sort of financial aid, and the total amount of assistance/loans provided is more than $6,996,036 in a year. At QC, the total percentage of applicants who receive the Federal Grant stands at 53%. In comparison, 53% of the students get the Student Grant, and 53% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,602. 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. Every year, around 45% of the applicants to Quincy College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

21%

Institution Grant Aid

4%

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$4,779

State Grant Aid

$588

Institution Grant Aid

$1,400

Pell Grant

$4,717

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,394

$30,001 - $48,000

$4,883

$48,001 - $75,000

$2,382

$75,001 - $110,000

$187

Over $110,000

$88

Student Loans for Quincy College

Average Loan Amount Average Loan Amount received per year.

$4,528/Year

Students Taking Out Loans

39%

Loan Default Rate

10.7%

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