$4,421

Avg. Federal Grant

N/A

Avg. Federal Loan

$6,420,917

Total Aid Awarded

Southwest Virginia Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$6.421M

Financial Aid Official Website

sw.edu/apply-for-financial-aid/

Such schemes include Virginia Military Survivors and Dependents Education Program. Notably, around 97% of the students at Southwest Virginia Community College receive some kind of financial aid every year, official data shows. More information regarding the financial assistance schemes can be accessed on SVCC’s official financial aid page at http://sw.edu/apply-for-financial-aid/. The total percentage of candidates applying to Southwest Virginia Community College who receive the Federal Grant is 78%. In comparison, 97% of the students are awarded the Student Grant, 44% get the Institution Grant, and 78% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,578, and the same stands at $1,153 for State Grant awardees and $2,496 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,690. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

73%

State Grant Aid

75%

Institution Grant Aid

44%

Pell Grant

71%

Average Aid Awarded

Federal Grant Aid

$4,421

State Grant Aid

$947

Institution Grant Aid

$2,122

Pell Grant

$4,421

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,672

$30,001 - $48,000

$6,351

$48,001 - $75,000

$5,854

$75,001 - $110,000

$4,151

Over $110,000

N/A

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