Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Southwestern Michigan 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


It is interesting to note that, every year, around 89% of students at SMC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,245,507. At SMC, the total percentage of applicants who receive the Federal Grant stands at 60%. On the other hand, 85% of the candidates get the Student Grant, 52% receive the Institution Grant, and 60% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,943, and the same stands at $2,993 for State Grant awardees and $2,013 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,907. 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. Every year, around 34% of the applicants to Southwestern Michigan 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 Michigan College

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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