$5,683

Avg. Federal Grant

$4,228

Avg. Federal Loan

$16,170,231

Total Aid Awarded

Southwest Texas Junior College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

43%

Total Aid Amount Average Total Aid Awarded per year.

$16.170M

Financial Aid Official Website

www.swtjc.net/admissions-aid/financial-aid/index.html

Notably, 84% of the students at Southwest Texas Junior College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,055,798. One can visit STJC's financial aid page at http://www.swtjc.net/admissions-aid/financial-aid/index.html for more information. At STJC, the total percentage of applicants who receive the Federal Grant stands at 80%. Meanwhile, 82% of the applicants receive the Student Grant and 19% are awarded the Institution Grant, while 80% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,026, the State Grant receivers and Institution Grant beneficiaries get $1,455 and $641, respectively. On the other hand, the average aid received by the Pell Grant awardees is $5,621. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 7% of the applicants to Southwest Texas Junior College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

77%

State Grant Aid

13%

Institution Grant Aid

16%

Pell Grant

77%

Average Aid Awarded

Federal Grant Aid

$5,683

State Grant Aid

$1,448

Institution Grant Aid

$636

Pell Grant

$5,665

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,599

$30,001 - $48,000

$5,452

$48,001 - $75,000

$3,278

$75,001 - $110,000

$599

Over $110,000

$100

Student Loans for Southwest Texas Junior College

Average Loan Amount Average Loan Amount received per year.

$4,228/Year

Students Taking Out Loans

9%

Loan Default Rate

16.2%