$5,540

Avg. Federal Grant

$9,500

Avg. Federal Loan

$3,061,233

Total Aid Awarded

Shorter College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$3.061M

Financial Aid Official Website

www.shortercollege.edu

It is interesting to note that, every year, around 91% of students at SC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,844,476. One can visit SC's financial aid page at http://www.shortercollege.edu for more information. The total percentage of candidates applying to Shorter College who receive the Federal Grant is 87%. On the other hand, 91% of the candidates get the Student Grant, 12% receive the Institution Grant, and 87% get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,190. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $5,671 in a year. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 Shorter College, the percentage of candidates who opt to avail of student loans is around 72%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

99%

State Grant Aid

N/A

Institution Grant Aid

15%

Pell Grant

99%

Average Aid Awarded

Federal Grant Aid

$5,540

State Grant Aid

N/A

Institution Grant Aid

$680

Pell Grant

$5,540

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,574

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Shorter College

Average Loan Amount Average Loan Amount received per year.

$9,500/Year

Students Taking Out Loans

97%

Loan Default Rate

23.8%

Other Colleges In Arkansas

Located in Monticello, AR, University of Arkansas at Monticello is a public university. The foundation of University of Arkansas at Monticello was laid down in the year 1910. Keeping the pursuit of research, innovation, and excellence at the center, University of Arkansas at Monticello has been i

Monticello, Arkansas 4 years Public

Baptist Health College-Little Rock is an above-average private, Christian college located in Little Rock, Arkansas. It is a small institution with an enrollment of 588 undergraduate students. This college provides education, mentoring, academic support, and student services to Arkansans called to

Little Rock, Arkansas 2 years Private Not-For-Profit

Crowley's Ridge College, which is located in Paragould, AR is a private, Churches of Christ university. Crowley's Ridge College occupies a total area of about 150 acres. It was in 1964 when the Crowley's Ridge College was founded. Green and white are the official colors of the Crowley's Ridge Col

Paragould, Arkansas 4 years Private Not-For-Profit

Other Private not-for-profit Colleges

Online Education at TCSPP

With a population of 1,209 students, the institute is known for its professional approach towards education. The students of this university can study various courses through the online platform provided by this college. Students can apply for any course and pa

Chicago, Illinois 4 years Private Not-For-Profit

Southern Methodist University which is a private, United Methodist university, is located in Dallas, TX. Southern Methodist University occupies a total area of about 237 acres. Southern Methodist University was founded in the year 1911. The motto of the Southern Methodist University is Latin: Verita

Dallas, Texas 4 years Private For-Profit

#N/A

Fairfax, Virginia 4 years Private Not-For-Profit