$4,811

Avg. Federal Grant

$4,465

Avg. Federal Loan

$10,156,548

Total Aid Awarded

St. Johns River State College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

32%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

45%

Institution Grant Aid

33%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$4,811

State Grant Aid

$1,695

Institution Grant Aid

$2,091

Pell Grant

$4,788

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,600

$30,001 - $48,000

$3,880

$48,001 - $75,000

$5,058

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for St. Johns River State College

Average Loan Amount Average Loan Amount received per year.

$4,509/Year

Students Taking Out Loans

12%

Loan Default Rate

3.4%

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