$5,928

Avg. Federal Grant

$3,878

Avg. Federal Loan

$19,894,161

Total Aid Awarded

Scripps College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$19.894M

Financial Aid Official Website

www.scrippscollege.edu/finaid/

Students can avail of scholarships provided by the college, such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B, if they find educational expenses to be on the higher side. As many as 60% of the students at SC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,537,921 in a year. The total percentage of candidates applying to Scripps College who receive the Federal Grant is 11%. On the other hand, 55% of the candidates get the Student Grant, 55% receive the Institution Grant, and 11% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,471, and the same stands at $8,760 for State Grant awardees and $31,721 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,875. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At SC, an estimated number of 29% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

11%

State Grant Aid

6%

Institution Grant Aid

63%

Pell Grant

10%

Average Aid Awarded

Federal Grant Aid

$5,928

State Grant Aid

$9,084

Institution Grant Aid

$30,110

Pell Grant

$4,523

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$58,397

$30,001 - $48,000

$52,029

$48,001 - $75,000

$56,795

$75,001 - $110,000

$42,018

Over $110,000

$24,415

Student Loans for Scripps College

Average Loan Amount Average Loan Amount received per year.

$5,663/Year

Students Taking Out Loans

40%

Loan Default Rate

N/A

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