Randolph Community College (RCC) Financial Aid and Scholarships
Students Receiving Aid
75%
Total Aid Amount
$8.670M
Financial Aid Official Website
www.randolph.edu/financial-aid.html
Among them are scholarship programs such as North Carolina Student Incentive Grant and Triangle Scholarship Program. It is interesting to note that, every year, around 73% of students at RCC receive some kind of financial aid. For additional information about financial assistance schemes, one can head over to RCC’s financial aid page at http://www.randolph.edu/financial-aid.html. At RCC, the total percentage of applicants who receive the Federal Grant stands at 55%. On the other hand, 72% of the candidates get the Student Grant, 13% receive the Institution Grant, and 55% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,706, and the same stands at $2,034 for State Grant awardees and $1,253 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $6,542. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At RCC, an estimated number of 1% of the applicants choose to go for student loans.
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