$3,973

Avg. Federal Grant

$4,116

Avg. Federal Loan

$15,629,047

Total Aid Awarded

Stark State college Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

40%

Total Aid Amount Average Total Aid Awarded per year.

$15.629M

Financial Aid Official Website

https://www.starkstate.edu/admissions/finaid/

Among them are scholarship programs such as Dr. Allen Smith Memorial Scholarship, Educational Assistance Commitment Grant, James R. Hunt Memorial Scholarship, and Larry and Doris Clark Scholarship. As many as 79% of the students at SSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $12,441,485 in a year. At SSC, the total percentage of applicants who receive the Federal Grant stands at 54%. In comparison, 71% of the students are awarded the Student Grant, 31% get the Institution Grant, and 54% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $3,981, and the same stands at $2,758 for State Grant awardees and $1,191 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,486. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. At SSC, an estimated number of 35% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

60%

State Grant Aid

2%

Institution Grant Aid

31%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$3,973

State Grant Aid

$2,215

Institution Grant Aid

$1,066

Pell Grant

$3,937

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,397

$30,001 - $48,000

$4,495

$48,001 - $75,000

$2,597

$75,001 - $110,000

$913

Over $110,000

$875

Student Loans for Stark State college

Average Loan Amount Average Loan Amount received per year.

$4,108/Year

Students Taking Out Loans

35%

Loan Default Rate

21.8%

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