$4,603

Avg. Federal Grant

$4,373

Avg. Federal Loan

$12,358,825

Total Aid Awarded

State Fair Community College (SFCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$12.359M

Financial Aid Official Website

https://www.sfccmo.edu/admissions-financial-aid/financial-aid-and-veteran-services/

Notably, 91% of the students at State Fair Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,144,399. The total percentage of candidates applying to State Fair Community College who receive the Federal Grant is 55%. Meanwhile, 88% of the applicants receive the Student Grant and 15% are awarded the Institution Grant, while 55% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,523, and the same stands at $2,736 for State Grant awardees and $2,567 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,800. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At State Fair Community College, the percentage of candidates who opt to avail of student loans is around 15%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

55%

State Grant Aid

60%

Institution Grant Aid

12%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$4,603

State Grant Aid

$2,724

Institution Grant Aid

$3,199

Pell Grant

$4,543

Financial grant aid comes in the form of Federal, State, pell and Institutional grant with Federal grants having a greater contribution of 55% amounting $4,603. The Pell grant received is $4,543 which is higher than the state grant aid of $2,724. 

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,635

$30,001 - $48,000

$5,407

$48,001 - $75,000

$4,304

$75,001 - $110,000

$3,344

Over $110,000

$3,223

The federal aid varies with the family income. The average federal aid received by a student with a family income of $0 to $30,000 is $5,635 and the average federal aid received by a student with a family income over $110,000 is $3,223.

Student Loans for State Fair Community College (SFCC)

Average Loan Amount Average Loan Amount received per year.

$4,373/Year

Students Taking Out Loans

16%

Loan Default Rate

17.2%

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