$4,306

Avg. Federal Grant

$3,994

Avg. Federal Loan

$10,981,153

Total Aid Awarded

St Charles Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$10.981M

Financial Aid Official Website

www.stchas.edu/financial_aid_tuition

Notably, 82% of the students at St Charles Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,915,988. Notably, a total of 30% of the applicants to St Charles Community College receive the Federal Grant every year. Meanwhile, 78% of the applicants receive the Student Grant and 8% are awarded the Institution Grant, while 30% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,317, and the same stands at $2,384 for State Grant awardees and $686 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,460. 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 8% of the applicants to St Charles Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

28%

State Grant Aid

60%

Institution Grant Aid

3%

Pell Grant

28%

Average Aid Awarded

Federal Grant Aid

$4,306

State Grant Aid

$2,484

Institution Grant Aid

$2,163

Pell Grant

$4,241

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,736

$30,001 - $48,000

$4,895

$48,001 - $75,000

$3,040

$75,001 - $110,000

$1,766

Over $110,000

$1,007

Student Loans for St Charles Community College

Average Loan Amount Average Loan Amount received per year.

$3,994/Year

Students Taking Out Loans

6%

Loan Default Rate

10.6%

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