$4,336

Avg. Federal Grant

$3,771

Avg. Federal Loan

$14,565,951

Total Aid Awarded

Rose State College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

54%

Total Aid Amount Average Total Aid Awarded per year.

$14.566M

Financial Aid Official Website

https://www.rose.edu/content/admissions-aid/financial-aid-scholarships/

Among them are scholarship programs such as American Society of Landscape Architects Scholarship, Capitol Hill High School Scholarship, Central High School Alumni Association Scholarship, and Dan Zanowiak Memorial Scholarship. Notably, 79% of the students at Rose State College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,424,670. The total percentage of candidates applying to Rose State College who receive the Federal Grant is 59%. Meanwhile, 74% of the applicants receive the Student Grant and 30% are awarded the Institution Grant, while 51% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $3,844, while the same comes to $2,102 for State Grant receivers and $3,349 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,662. 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. 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. Every year, around 20% of the applicants to Rose State College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

23%

Institution Grant Aid

31%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$4,336

State Grant Aid

$2,167

Institution Grant Aid

$3,255

Pell Grant

$4,247

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,722

$30,001 - $48,000

$5,281

$48,001 - $75,000

$3,801

$75,001 - $110,000

$1,447

Over $110,000

$1,874

Student Loans for Rose State College

Average Loan Amount Average Loan Amount received per year.

$3,771/Year

Students Taking Out Loans

21%

Loan Default Rate

18.7%