Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Southwestern Illinois College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


As many as 63% of the students at SIC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,942,263 in a year. At SIC, the total percentage of applicants who receive the Federal Grant stands at 56%. On the other hand, 56% of the candidates get the Student Grant, 18% receive the Institution Grant, and 41% get the Pell Grant. While the Federal Grant awardees receive an average aid of $3,384, the State Grant receivers and Institution Grant beneficiaries get $1,213 and $2,989, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,445. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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. Every year, around 16% of the applicants to Southwestern Illinois College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


Student Loans for Southwestern Illinois College

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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