$4,644

Avg. Federal Grant

$4,814

Avg. Federal Loan

$29,357,550

Total Aid Awarded

Santa Ana College (SAC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

41%

Total Aid Amount Average Total Aid Awarded per year.

$29.358M

Financial Aid Official Website

www.sac.edu/StudentServices/FinancialAid/Pages/default.aspx

Santa Ana College financial aid is solely targeted at developing the potential of the deserving students and to make this target more attainable for the students who are in need of funds. The college offers merit-based and need-based scholarships and financial aids in the form of grants, loans and work-study programs. Once the admission process is complete, the students are considered as recipients of these financial aids. 

Scholarships

  • Career Education Scholarship is given to the candidates on meeting a certain GPA criteria.

  • School of Continuing Education Scholarship is for those adults who are completing their education late in terms of their age in this college.

  • The SAC Annual Scholarship, SAC FireTech Program Scholarship and the SAC Foundation President's Scholars Program are few more institutional scholarships that you may avail.

  • SAC Incoming Freshmen Scholarship is for the new candidates enrolled for a Santa Ana College program.

  • The SAC Athletic Hall of Fame Scholarship is provided to support the athletic skills of the students.

For more details on scholarships, please visit Santa Ana Scholarships.

Grants

Federal Grants

The Federal Pell Grants amount will depend on the number of credit hours that you are attending and also financial need based on EFC. The grant can allow up to $6,195.

The Supplement Grant is a need-based grant provided only to the undergraduate students who are enrolled for a full-time course and also are recipients of the PELL Grants showing an exceptional financial need. An amount of $400 is granted annually.

State Grants

California College Promise Grant is a need-specific grant which can waive the fee amount to a certain extent and it is only available to the residential candidates of California.

The California Student AID commission provides the Cal Grant Programs to the Californian Students.

Loans

The William D.Ford Federal Direct Loan is of two types - subsidized loans and the unsubsidized loans. The Federal loans can be applied for by the students at an interest rate of 5.05%. You may also apply for the Federal Work-Study Program or the Perkins Loan.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

85%

Institution Grant Aid

1%

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$4,644

State Grant Aid

$1,988

Institution Grant Aid

$1,150

Pell Grant

$4,536

The average amount of student loans that you can receive during your education at Santa Ana College will be around $4,814. You might have less reasons to worry about as the default rate is just 7.5%. The federal loan serves almost 41% of candidates. 

A federal grant is also an option for you if you meet the eligibility criteria. 51% of the students are offered such grants about an amount of $4,644. The PELL Grant average amount is $4,536 received by 51% of the students. 

In addition to these, the state grants also cover up the expenses of 85% of the students and the average of it is $1,988. You might depend upon the institutional scholarships and grants but only 1% of students get hold of them and the average amount is $1,150. The college spends a sum of $2,935,7550 on financial aid.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,607

$30,001 - $48,000

$7,166

$48,001 - $75,000

$4,983

$75,001 - $110,000

$3,108

Over $110,000

N/A

If we try to perceive the amount of SAC's financial aid that you may receive in terms of your family income, we get the following data. You might expect to get a sum of $7,607 as a financial aid given your family income is below $30,000. The sum might further get lowered for a family income between $30,001 - $48,000 and be $7,166

A massive reduction would occur as we move to the family income bracket of $48,001 to $75,000. The financial aid amount would now be $4,983. The expected amount of financial aid can be $3,108 if you belong to an income category of $48,001 to $75,000. You may visit SAC Financial Aid Programs for more information.

Student Loans for Santa Ana College (SAC)

Average Loan Amount Average Loan Amount received per year.

$4,814/Year

Students Taking Out Loans

N/A

Loan Default Rate

7.5%

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