Stanly Community College Financial Aid and Scholarships
Students Receiving Aid
55%
Total Aid Amount
$7.981M
Financial Aid Official Website
www.stanly.edu/future-students/financial-aid
Such schemes include North Carolina Student Incentive Grant and Triangle Scholarship Program. Notably, around 66% of the students at Stanly Community College receive some kind of financial aid every year, official data shows. The total percentage of candidates applying to Stanly Community College who receive the Federal Grant is 65%. On the other hand, 65% of the candidates get the Student Grant, 12% receive the Institution Grant, and 55% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,337, while the same comes to $1,500 for State Grant receivers and $1,525 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $6,088. 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. 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.
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