$4,929

Avg. Federal Grant

N/A

Avg. Federal Loan

$1,701,396

Total Aid Awarded

Roanoke-Chowan Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$1.701M

Financial Aid Official Website

www.roanokechowan.edu/financial-aid/

Students can avail of scholarships provided by the college, such as North Carolina Student Incentive Grant and Triangle Scholarship Program, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 69% of students at RCCC receive some kind of financial aid. At RCCC, the total percentage of applicants who receive the Federal Grant stands at 69%. In comparison, 69% of the students get the Student Grant, and 69% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,036. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

95%

State Grant Aid

9%

Institution Grant Aid

N/A

Pell Grant

95%

Average Aid Awarded

Federal Grant Aid

$4,929

State Grant Aid

$3,171

Institution Grant Aid

N/A

Pell Grant

$4,767

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,331

$30,001 - $48,000

$5,176

$48,001 - $75,000

$3,127

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Roanoke-Chowan Community College

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

18.9%

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