$5,026

Avg. Federal Grant

$7,422

Avg. Federal Loan

$10,805,510

Total Aid Awarded

Skyline College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$10.806M

Financial Aid Official Website

www.skylinecollege.edu/financialaid/index.php

Among them are scholarship programs such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. It is interesting to note that, every year, around 72% of students at SC receive some kind of financial aid, while the total amount of assistance/loans provided is $390,682. More information regarding the financial assistance schemes can be accessed on SC’s official financial aid page at http://www.skylinecollege.edu/financialaid/index.php. Notably, a total of 25% of the applicants to Skyline College receive the Federal Grant every year. On the other hand, 72% of the candidates get the Student Grant, 56% receive the Institution Grant, and 25% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,090, and the same stands at $1,879 for State Grant awardees and $1,098 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,997. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At SC, an estimated number of 1% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

25%

State Grant Aid

48%

Institution Grant Aid

26%

Pell Grant

25%

Average Aid Awarded

Federal Grant Aid

$5,026

State Grant Aid

$1,866

Institution Grant Aid

$857

Pell Grant

$4,902

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,704

$30,001 - $48,000

$7,639

$48,001 - $75,000

$4,699

$75,001 - $110,000

$2,490

Over $110,000

$4,877

Student Loans for Skyline College

Average Loan Amount Average Loan Amount received per year.

$7,422/Year

Students Taking Out Loans

N/A

Loan Default Rate

11.7%

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