$5,065

Avg. Federal Grant

$5,859

Avg. Federal Loan

$3,817,516

Total Aid Awarded

River Parishes Community College (RPCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$3.818M

Financial Aid Official Website

www.rpcc.edu/financial-aid/

Among them are scholarship programs such as TOPS - Honors Award, TOPS - Opportunity Award, TOPS - Performance Award, and TOPS - Tech Award. It is interesting to note that, every year, around 83% of students at RPCC receive some kind of financial aid, while the total amount of assistance/loans provided is $5,039,846. One can visit RPCC's financial aid page at http://www.rpcc.edu/financial-aid/ for more information. The total percentage of candidates applying to River Parishes Community College who receive the Federal Grant is 54%. On the other hand, 83% of the candidates get the Student Grant, 7% receive the Institution Grant, and 54% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,262, and the same stands at $2,489 for State Grant awardees and $1,330 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,749. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At River Parishes Community College, the percentage of candidates who opt to avail of student loans is around 36%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

29%

Institution Grant Aid

1%

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$5,065

State Grant Aid

$2,661

Institution Grant Aid

$3,393

Pell Grant

$5,065

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,668

$30,001 - $48,000

$5,743

$48,001 - $75,000

$2,515

$75,001 - $110,000

$1,163

Over $110,000

$1,146

Student Loans for River Parishes Community College (RPCC)

Average Loan Amount Average Loan Amount received per year.

$5,859/Year

Students Taking Out Loans

39%

Loan Default Rate

15.7%

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