$4,940

Avg. Federal Grant

$4,745

Avg. Federal Loan

$6,023,009

Total Aid Awarded

Seminole State College (SSCOK) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$6.023M

Financial Aid Official Website

www.sscok.edu/FinAidOffice/finaid.html

Such schemes include FFGC Scholarship for High School Students, First Generation Matching Grant Program, Florida Bright Futures Scholarship Program, and Florida Engineering Foundation Scholarship. Notably, 92% of the students at Seminole State College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,132,768. Notably, a total of 70% of the applicants to Seminole State College receive the Federal Grant every year. Meanwhile, 85% of the applicants receive the Student Grant and 29% are awarded the Institution Grant, while 70% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,601, while the same comes to $2,088 for State Grant receivers and $5,935 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,171. 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. 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. Every year, around 30% of the applicants to Seminole State College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

64%

State Grant Aid

25%

Institution Grant Aid

33%

Pell Grant

64%

Average Aid Awarded

Federal Grant Aid

$4,940

State Grant Aid

$2,232

Institution Grant Aid

$6,092

Pell Grant

$4,854

We were able to break down SSCOK’s distribution of their financial aid among eligible students. As indicated by the college records seen previously, 64% of the students are given Federal Grant Aid, which is usually a reasonable amount of $4,940. Almost 64% of the students get pell grants which mean a measure of around $4,854. For the most part, 25% of the students are equipped for state awards at a measure of around $2,232 while 33% of the students get institutional distinctions which means a measure of around $6,092.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,910

$30,001 - $48,000

$7,079

$48,001 - $75,000

$4,870

$75,001 - $110,000

$1,103

Over $110,000

$3,838

SSCOK’s financial aid is calculated based on the financial income of the family itself. We have separated these incomes into 5 assorted family income types to help choose the proportion of financial aid you may get when set against your family compensation.

The financial aid for the family income reaching out between $0 to $30,000 stands at about $6,910. A slight increase is noticed when the aid given goes to $7,079 for levels of pay between $30,000 to $48,000.

For the annual income range, $48,001 to $75,000, the aid given is $4,870. Finally, we have income ranges $75,000 to $110,000 and $110,000 or more that give about $1,103 and $3,838 worth of financial aid, respectively.

Student Loans for Seminole State College (SSCOK)

Average Loan Amount Average Loan Amount received per year.

$4,848/Year

Students Taking Out Loans

28%

Loan Default Rate

18.9%