St. Johns River State College Financial Aid and Scholarships
Students Receiving Aid
32%
Total Aid Amount
$10.157M
Financial Aid Official Website
www.sjrstate.edu/finaid.html
As many as 64% of the students at SJRSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,947,571 in a year. Notably, a total of 40% of the applicants to Saint Johns River State College receive the Federal Grant every year. In comparison, 59% of the students are awarded the Student Grant, 27% get the Institution Grant, and 40% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,629, while the same comes to $1,692 for State Grant receivers and $1,764 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,560. 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. 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 10% of the applicants to Saint Johns River State College opt for student loans.