$4,312

Avg. Federal Grant

$5,052

Avg. Federal Loan

$6,449,721

Total Aid Awarded

Riverland Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

54%

Total Aid Amount Average Total Aid Awarded per year.

$6.450M

Financial Aid Official Website

www.riverland.edu/fa

As many as 84% of the students at RCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,398,359 in a year. The total percentage of candidates applying to Riverland Community College who receive the Federal Grant is 53%. On the other hand, 71% of the candidates get the Student Grant, 23% receive the Institution Grant, and 53% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,478, the State Grant receivers and Institution Grant beneficiaries get $2,089 and $909, respectively. And, for the Pell Grant awardees, the average aid amount is $3,767. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Riverland Community College, the percentage of candidates who opt to avail of student loans is around 40%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

54%

Institution Grant Aid

18%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$4,312

State Grant Aid

$1,270

Institution Grant Aid

$1,103

Pell Grant

$4,263

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,147

$30,001 - $48,000

$4,893

$48,001 - $75,000

$3,669

$75,001 - $110,000

$1,206

Over $110,000

$63

Student Loans for Riverland Community College

Average Loan Amount Average Loan Amount received per year.

$5,123/Year

Students Taking Out Loans

42%

Loan Default Rate

12%

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