$5,852

Avg. Federal Grant

$8,919

Avg. Federal Loan

$822,151

Total Aid Awarded

State Career College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$822.151K

Financial Aid Official Website

www.statecareercollege.edu

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,507,550. The total percentage of candidates applying to State Career College who receive the Federal Grant is 68%. On the other hand, 77% of the candidates get the Student Grant, 1% receive the Institution Grant, and 68% get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $6,043. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At State Career College, the percentage of candidates who opt to avail of student loans is around 76%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

78%

State Grant Aid

1%

Institution Grant Aid

N/A

Pell Grant

78%

Average Aid Awarded

Federal Grant Aid

$5,852

State Grant Aid

$4,000

Institution Grant Aid

N/A

Pell Grant

$5,852

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,920

$30,001 - $48,000

$5,570

$48,001 - $75,000

$3,720

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for State Career College

Average Loan Amount Average Loan Amount received per year.

$8,577/Year

Students Taking Out Loans

92%

Loan Default Rate

12.8%

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