$5,046

Avg. Federal Grant

$4,431

Avg. Federal Loan

$11,629,333

Total Aid Awarded

Schenectady County Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

31%

Total Aid Amount Average Total Aid Awarded per year.

$11.629M

Financial Aid Official Website

sunysccc.edu/Admissions/Paying-for-SUNY-SCCC/Financial-Aid

Notably, 90% of the students at Schenectady County Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,013,693. More information regarding the financial assistance schemes can be accessed on SCCC’s official financial aid page at http://sunysccc.edu/Admissions/Paying-for-SUNY-SCCC/Financial-Aid. At SCCC, the total percentage of applicants who receive the Federal Grant stands at 71%. Meanwhile, 83% of the applicants receive the Student Grant and 9% are awarded the Institution Grant, while 71% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,572, while the same comes to $2,539 for State Grant receivers and $1,201 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,931. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 37% of the applicants to Schenectady County Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

71%

State Grant Aid

48%

Institution Grant Aid

7%

Pell Grant

71%

Average Aid Awarded

Federal Grant Aid

$5,046

State Grant Aid

$2,574

Institution Grant Aid

$1,258

Pell Grant

$5,022

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,147

$30,001 - $48,000

$6,339

$48,001 - $75,000

$3,341

$75,001 - $110,000

$1,251

Over $110,000

$74

Student Loans for Schenectady County Community College

Average Loan Amount Average Loan Amount received per year.

$4,487/Year

Students Taking Out Loans

38%

Loan Default Rate

19%

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