$4,705

Avg. Federal Grant

N/A

Avg. Federal Loan

$30,252,850

Total Aid Awarded

Southwest Tennessee Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

72%

Total Aid Amount Average Total Aid Awarded per year.

$30.253M

Financial Aid Official Website

www.southwest.tn.edu/financial_aid/

Southwest Tennessee Community College is accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC) to award the Associate of Applied Science, Associate of Arts, Associate of Science, and Associate of Science in Teaching degrees, as well as other certificates. STCC provides financial aid to reduce burden from the families of the students. The college provides  education and information, guidance and support for individuals and families interested in the financial aid process.

Scholarships

  • Transfer Scholarships: This scholarship is provided to students who are transferring from Southwest to any four-year schools all over the country. Students can apply to this scholarship through the Transfer Office. 

  • Access and Diversity Scholarship Program: The Access and Diversity Scholarship Program provides financial aid to students, Eligibility criteria is academic qualifications. 

For more details about the scholarships please visit the website.

Grants

There are a couple of grants available to students such as:

Federal Grants

  • Pell Grants: The Federal Pell Grant is a federal aid to students in financial need.Grants are limited to U.S. citizens, permanent residents and certain other non-citizens.

  • Federal Supplemental Educational Opportunity Grant (FSEOG): The Federal Supplemental Educational Opportunity Grant (FSEOG) provides aid to students who are in financial need.Awards given are up to $600 per academic year for eligible students.

State Grant 

  • Tennessee Education Lottery Scholarships (TELS): Tennessee Education Lottery Scholarships (TELS) are offered by the state of Tennessee. Eligibility criteria is taken care by Tennessee Student Assistance Corporation.Also the award amount may vary in that case.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

71%

State Grant Aid

68%

Institution Grant Aid

5%

Pell Grant

71%

Average Aid Awarded

Federal Grant Aid

$4,705

State Grant Aid

$2,487

Institution Grant Aid

$4,520

Pell Grant

$4,617

Southwest Tennessee Community College provides multiple aids that consist of scholarships, grants and loans. When summed up, the total amount of which has been awarded to students comes up to $30,252,850. About 72% of the students who apply for financial aid receive it.

  • Federal Grant average aid is $4,705 with the percentage of students receiving it standing at 71%.

  • Pell Grant average aid is $4,617 and the percentage of students receiving it is 71%.

  • 68% of students receive State Grants that contain an average aid of $2,487.

  • Institution Grant average aid worth an average of $4,520 is received by 5% of students applying for it.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,295

$30,001 - $48,000

$5,687

$48,001 - $75,000

$4,406

$75,001 - $110,000

$4,369

Over $110,000

$2,960

It has been segregated into 5 different income types to help determine the appropriate average amount of federal aid you may receive in relation to your family’s income. The average federal aid in Southwest Tennessee Community College is calculated according to the family income of the student. 

Depending on the financial aid available to the family or the student, the income bracket may either pay more or less than the overall average costs. The federal aid for the family income ranging between $0-30,000 is a bit higher as the need is also high for it; the aid provided is $6,295. Slight change is observed with ranges between $30,001-48,000; the aid provided for it is $5,687. For incomes between $48,001-75,000 the aid provided is $4,406. When the income range increases the aid amount decreases to $4,369. When the range becomes $110,000 and more the aid amount tends to $2960 as the college doesn’t consider any requirement.

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