$2,530

Avg. Federal Grant

$2,144

Avg. Federal Loan

$11,582,366

Total Aid Awarded

Santa Fe College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

36%

Total Aid Amount Average Total Aid Awarded per year.

$11.582M

Financial Aid Official Website

www.sfcollege.edu/financialaid/

Notably, 67% of the students at Santa Fe College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,729,997. More information regarding the financial assistance schemes can be accessed on SFC’s official financial aid page at http://www.sfcollege.edu/financialaid/. At SFC, the total percentage of applicants who receive the Federal Grant stands at 37%. On the other hand, 56% of the candidates get the Student Grant, 2% receive the Institution Grant, and 37% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $2,568, while the same comes to $1,281 for State Grant receivers and $2,491 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $1,973. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At Santa Fe College, the percentage of candidates who opt to avail of student loans is around 18%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

40%

State Grant Aid

31%

Institution Grant Aid

4%

Pell Grant

40%

Average Aid Awarded

Federal Grant Aid

$2,530

State Grant Aid

$991

Institution Grant Aid

$1,423

Pell Grant

$2,471

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,895

$30,001 - $48,000

$2,296

$48,001 - $75,000

$1,084

$75,001 - $110,000

$96

Over $110,000

N/A

Student Loans for Santa Fe College

Average Loan Amount Average Loan Amount received per year.

$2,155/Year

Students Taking Out Loans

20%

Loan Default Rate

7.6%

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