$4,691

Avg. Federal Grant

$8,066

Avg. Federal Loan

$30,685,775

Total Aid Awarded

San Joaquin Valley College (SJVC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$30.686M

Financial Aid Official Website

www.sjvc.edu/financial-aid

Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. Interestingly, almost all of the students at SJVCV receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $45,970,237 in a year. Notably, a total of 91% of the applicants to San Joaquin Valley College-Visalia receive the Federal Grant every year. On the other hand, 91% of the candidates get the Student Grant, 2% receive the Institution Grant, and 91% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,452, while the same comes to $6,650 for State Grant receivers and $2,341 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,280. 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. At SJVCV, an estimated number of 93% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

71%

State Grant Aid

N/A

Institution Grant Aid

4%

Pell Grant

71%

Average Aid Awarded

Federal Grant Aid

$4,691

State Grant Aid

N/A

Institution Grant Aid

$1,422

Pell Grant

$4,599

The above mentioned table represents the financial aid provided by San Joaquin Valley College-Visalia consists of four separate categories which are Federal Grants, Pell Grants, State Grants and Institutional Grants. In light of the Pell grant aid and the Federal grant aid the percentage coverage for each of them is about 71%. The amount offered under the Pell grant aid programs is $4,599 and when it comes to Federal grant aid the average amount provided under this scheme is $4,691 which is observed to be the highest amount of grants within the mentioned grants in the above table. The aid that covers the least percentage of students is Institutional Grants which is about 4% and also the average grant amount provided under this category of aid for the college is the lowest of all the grants whose data are provided in the above table and is around $1,422.

Now if we look at the state grant aid and the average amount assigned under this scheme, the data related to this is unavailable in the table as the data related to this is insufficient. Please visit the official website for more information related to the same.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,576

$30,001 - $48,000

$4,146

$48,001 - $75,000

$3,127

$75,001 - $110,000

$561

Over $110,000

N/A

As represented in the table here the federal aid that are being provided to the students of the university majorly depends on the financial conditions and the annual family income of the students.  As a person can come across in the table above the students whose family income in below $30,000 per annum they have the provision of higher federal aid in order to make the educational burden little less on them  the amount provided to these students is around $4,576 as their financial conditions are a bit on the weaker side. This federal aid amount provided by the university decreases as the financial conditions of the students strengthen or in other words the family income on an annual basis increases as depicted in the table. There is a drastic fall in the financial aid provided after the $48,001 to $75,000 category. The financial aid provided for the students who belong to the $75,001 to $110,000 of annual family income is offered $561 as federal aid. Further for finding the details regarding the category of students whose family income is more than $110,000 please visit the official website of the college.

Student Loans for San Joaquin Valley College (SJVC)

Average Loan Amount Average Loan Amount received per year.

$8,258/Year

Students Taking Out Loans

58%

Loan Default Rate

21.4%

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