$3,110

Avg. Federal Grant

$4,952

Avg. Federal Loan

$14,402,157

Total Aid Awarded

Southeast Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$14.402M

Financial Aid Official Website

https://www.southeast.edu/FinancialAid/

Such schemes include Clifton & Alberta White Memorial Scholarship, Humpert Memorial Scholarship, Maynard Jensen American Legion Memorial Scholarship, and Robert R. Johnson Memorial Scholarship. As many as 89% of the students at SCCA get some sort of financial aid, and the total amount of assistance/loans provided is more than $11,426,541 in a year. More information regarding the financial assistance schemes can be accessed on SCCA’s official financial aid page at https://www.southeast.edu/FinancialAid/. At SCCA, the total percentage of applicants who receive the Federal Grant stands at 44%. Meanwhile, 71% of the applicants receive the Student Grant and 56% are awarded the Institution Grant, while 44% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $3,296, while the same comes to $1,164 for State Grant receivers and $1,443 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $2,902. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 79% of the applicants to Southeast Community College Area opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

13%

Institution Grant Aid

50%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$3,110

State Grant Aid

$1,266

Institution Grant Aid

$1,659

Pell Grant

$2,936

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,487

$30,001 - $48,000

$3,340

$48,001 - $75,000

$1,317

$75,001 - $110,000

$99

Over $110,000

$8

Student Loans for Southeast Community College

Average Loan Amount Average Loan Amount received per year.

$5,060/Year

Students Taking Out Loans

76%

Loan Default Rate

12.3%