$3,730

Avg. Federal Grant

$4,723

Avg. Federal Loan

$3,345,222

Total Aid Awarded

Southwestern Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$3.345M

Financial Aid Official Website

www.swcciowa.edu/campus-services/financial-aid

Notably, 93% of the students at Southwestern Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,391,056. For additional information about financial assistance schemes, one can head over to SCC’s financial aid page at http://www.southwesterncc.edu/financial-aid. The total percentage of candidates applying to Southwestern Community College who receive the Federal Grant is 73%. Meanwhile, 81% of the applicants receive the Student Grant and 51% are awarded the Institution Grant, while 59% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $3,937, and the same stands at $3,344 for State Grant awardees and $1,630 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,503. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 53% of the applicants to Southwestern Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

66%

State Grant Aid

43%

Institution Grant Aid

46%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$3,730

State Grant Aid

$2,346

Institution Grant Aid

$1,694

Pell Grant

$4,035

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,719

$30,001 - $48,000

$5,909

$48,001 - $75,000

$4,054

$75,001 - $110,000

$1,871

Over $110,000

$2,254

Student Loans for Southwestern Community College

Average Loan Amount Average Loan Amount received per year.

$5,046/Year

Students Taking Out Loans

58%

Loan Default Rate

20%

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