$3,979

Avg. Federal Grant

$5,372

Avg. Federal Loan

$836,002

Total Aid Awarded

SABER College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$836.002K

Financial Aid Official Website

sabercollege.edu

As many as 90% of the students at SC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,979,850 in a year. One can visit SC's financial aid page at http://sabercollege.edu for more information. The total percentage of candidates applying to SABER College who receive the Federal Grant is 90%. On the other hand, 90% of the candidates get the Student Grant, while 90% receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,925. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $4,170 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,562 and $2,821, respectively. 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. Candidates are also required to repay these loans within a given period. Every year, around 78% of the applicants to SABER College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$3,979

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$3,979

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,008

$30,001 - $48,000

$3,620

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for SABER College

Average Loan Amount Average Loan Amount received per year.

$5,372/Year

Students Taking Out Loans

48%

Loan Default Rate

6.5%

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