$4,835

Avg. Federal Grant

$3,434

Avg. Federal Loan

$42,318,813

Total Aid Awarded

Southwestern College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$42.319M

Financial Aid Official Website

https://www.swccd.edu/index.aspx?page=1282

Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. Notably, 80% of the students at Southwestern College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $911,974. For additional information about financial assistance schemes, one can head over to SC’s financial aid page at https://www.swccd.edu/index.aspx?page=1282. Notably, a total of 55% of the applicants to Southwestern College receive the Federal Grant every year. On the other hand, 80% of the candidates get the Student Grant, 1% receive the Institution Grant, and 55% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,913, and the same stands at $1,789 for State Grant awardees and $462 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,115. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At SC, an estimated number of 1% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

80%

Institution Grant Aid

1%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$4,835

State Grant Aid

$2,258

Institution Grant Aid

$810

Pell Grant

$4,819

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,221

$30,001 - $48,000

$7,246

$48,001 - $75,000

$4,855

$75,001 - $110,000

$3,527

Over $110,000

N/A

Student Loans for Southwestern College

Average Loan Amount Average Loan Amount received per year.

$3,434/Year

Students Taking Out Loans

1%

Loan Default Rate

15%

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