$4,479

Avg. Federal Grant

$3,831

Avg. Federal Loan

$808,687

Total Aid Awarded

South Coast College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$808.687K

Financial Aid Official Website

www.southcoastcollege.edu/admissions/financial-aid-resources/

It is interesting to note that, every year, around 75% of students at SCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,429,147. Notably, a total of 50% of the applicants to South Coast College receive the Federal Grant every year. Meanwhile, 50% of the applicants receive the Student Grant, while 50% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,179. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 SCC, an estimated number of 75% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

29%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

29%

Average Aid Awarded

Federal Grant Aid

$4,479

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,194

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,845

$30,001 - $48,000

$3,380

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for South Coast College

Average Loan Amount Average Loan Amount received per year.

$3,831/Year

Students Taking Out Loans

36%

Loan Default Rate

12.8%

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