$5,033

Avg. Federal Grant

N/A

Avg. Federal Loan

$58,929,583

Total Aid Awarded

South Texas College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$58.930M

Financial Aid Official Website

https://studentservices.southtexascollege.edu/finaid/

It is interesting to note that, every year, around 89% of students at STC receive some kind of financial aid. More information regarding the financial assistance schemes can be accessed on STC’s official financial aid page at https://studentservices.southtexascollege.edu/finaid/. The total percentage of candidates applying to South Texas College who receive the Federal Grant is 79%. In comparison, 84% of the students are awarded the Student Grant, 2% get the Institution Grant, and 79% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,260, the State Grant receivers and Institution Grant beneficiaries get $2,808 and $1,146, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,202. 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. 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 South Texas College, the percentage of candidates who opt to avail of student loans is around 5%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

81%

State Grant Aid

19%

Institution Grant Aid

2%

Pell Grant

81%

Average Aid Awarded

Federal Grant Aid

$5,033

State Grant Aid

$2,567

Institution Grant Aid

$1,231

Pell Grant

$4,987

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,621

$30,001 - $48,000

$5,122

$48,001 - $75,000

$3,578

$75,001 - $110,000

$2,837

Over $110,000

$970

Student Loans for South Texas College

Average Loan Amount Average Loan Amount received per year.

$1,925/Year

Students Taking Out Loans

4%

Loan Default Rate

N/A