$4,116

Avg. Federal Grant

$4,742

Avg. Federal Loan

$5,740,816

Total Aid Awarded

South Seattle College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

19%

Total Aid Amount Average Total Aid Awarded per year.

$5.741M

Financial Aid Official Website

www.southseattle.edu/financial-aid/default.aspx

As many as 73% of the students at SSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $280,226 in a year. More information regarding the financial assistance schemes can be accessed on SSC’s official financial aid page at http://www.southseattle.edu/financial-aid/default.aspx. The total percentage of candidates applying to South Seattle College who receive the Federal Grant is 50%. On the other hand, 58% of the candidates get the Student Grant, 6% receive the Institution Grant, and 42% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,708, while the same comes to $3,423 for State Grant receivers and $938 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,824. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Candidates are also required to repay these loans within a given period. At SSC, an estimated number of 3% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

33%

Institution Grant Aid

7%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$4,116

State Grant Aid

$3,153

Institution Grant Aid

$842

Pell Grant

$4,054

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,640

$30,001 - $48,000

$5,504

$48,001 - $75,000

$4,386

$75,001 - $110,000

$512

Over $110,000

N/A

Student Loans for South Seattle College

Average Loan Amount Average Loan Amount received per year.

$4,742/Year

Students Taking Out Loans

3%

Loan Default Rate

12.5%

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