$4,551

Avg. Federal Grant

$10,091

Avg. Federal Loan

$1,795,712

Total Aid Awarded

Southeastern College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

75%

Total Aid Amount Average Total Aid Awarded per year.

$1.796M

Financial Aid Official Website

www.sec.edu/admissions/financial-aid-services/

It is interesting to note that, every year, around 88% of students at SCWPB receive some kind of financial aid, while the total amount of assistance/loans provided is $3,965,534. The total percentage of candidates applying to Southeastern College-West Palm Beach who receive the Federal Grant is 74%. In comparison, 86% of the students are awarded the Student Grant, 54% get the Institution Grant, and 74% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,085, while the same comes to $1,333 for State Grant receivers and $1,711 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,922. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 76% of the applicants to Southeastern College-West Palm Beach opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

65%

State Grant Aid

8%

Institution Grant Aid

30%

Pell Grant

65%

Average Aid Awarded

Federal Grant Aid

$4,551

State Grant Aid

$1,400

Institution Grant Aid

$1,356

Pell Grant

$4,408

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,676

$30,001 - $48,000

$4,616

$48,001 - $75,000

$1,875

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Southeastern College

Average Loan Amount Average Loan Amount received per year.

$12,739/Year

Students Taking Out Loans

52%

Loan Default Rate

4.2%

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