Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Rock Valley College (RVC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


Notably, 49% of the students at Rock Valley College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,493,214. At RVC, the total percentage of applicants who receive the Federal Grant stands at 38%. On the other hand, 49% of the candidates get the Student Grant, 4% receive the Institution Grant, and 38% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,041, while the same comes to $1,263 for State Grant receivers and $1,561 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,780. 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. 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. Every year, around 7% of the applicants to Rock Valley College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


Student Loans for Rock Valley College (RVC)

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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