Red Rocks Community College (RRCC) Financial Aid and Scholarships
Students Receiving Aid
40%
Total Aid Amount
$11.905M
Financial Aid Official Website
www.rrcc.edu/financial-aid
Notably, 44% of the students at Red Rocks Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,700,471. One can visit RRCC's financial aid page at http://www.rrcc.edu/financial-aid for more information. At RRCC, the total percentage of applicants who receive the Federal Grant stands at 30%. In comparison, 43% of the students are awarded the Student Grant, 12% get the Institution Grant, and 30% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,742, while the same comes to $2,882 for State Grant receivers and $2,098 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,576. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Red Rocks Community College, the percentage of candidates who opt to avail of student loans is around 19%.
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