$5,215

Avg. Federal Grant

$4,746

Avg. Federal Loan

$4,907,311

Total Aid Awarded

Ranger College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$4.907M

Financial Aid Official Website

www.rangercollege.edu

Notably, 83% of the students at Ranger College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,434,275. One can visit RC's financial aid page at http://www.rangercollege.edu for more information. At RC, the total percentage of applicants who receive the Federal Grant stands at 45%. On the other hand, 70% of the candidates get the Student Grant, 31% receive the Institution Grant, and 45% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,187, while the same comes to $2,247 for State Grant receivers and $5,734 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,639. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period. Every year, around 19% of the applicants to Ranger College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

21%

Institution Grant Aid

30%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$5,215

State Grant Aid

$2,503

Institution Grant Aid

$5,226

Pell Grant

$4,948

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,793

$30,001 - $48,000

$6,318

$48,001 - $75,000

$5,815

$75,001 - $110,000

$6,964

Over $110,000

N/A

Student Loans for Ranger College

Average Loan Amount Average Loan Amount received per year.

$5,158/Year

Students Taking Out Loans

23%

Loan Default Rate

16.6%