$5,015

Avg. Federal Grant

$6,103

Avg. Federal Loan

$11,578,687

Total Aid Awarded

Solano Community College (SCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$11.579M

Financial Aid Official Website

www.solano.edu/financial_aid/

Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. As many as 64% of the students at SCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $721,996 in a year. More information regarding the financial assistance schemes can be accessed on SCC’s official financial aid page at http://www.solano.edu/financial_aid/. The total percentage of candidates applying to Solano Community College who receive the Federal Grant is 28%. Meanwhile, 62% of the applicants receive the Student Grant, while 28% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,770. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Solano Community College, the percentage of candidates who opt to avail of student loans is around 1%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

63%

Institution Grant Aid

1%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$5,015

State Grant Aid

$1,590

Institution Grant Aid

$478

Pell Grant

$4,890

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,599

$30,001 - $48,000

$7,448

$48,001 - $75,000

$4,475

$75,001 - $110,000

$2,324

Over $110,000

N/A

Student Loans for Solano Community College (SCC)

Average Loan Amount Average Loan Amount received per year.

$6,103/Year

Students Taking Out Loans

N/A

Loan Default Rate

16.1%

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