$4,589

Avg. Federal Grant

$5,720

Avg. Federal Loan

$12,128,034

Total Aid Awarded

Tacoma Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

34%

Total Aid Amount Average Total Aid Awarded per year.

$12.128M

Financial Aid Official Website

https://www.tacomacc.edu/costs-admission/financial-aid/

It is interesting to note that, every year, around 51% of students at TCC receive some kind of financial aid, while the total amount of assistance/loans provided is $6,011,476. For additional information about financial assistance schemes, one can head over to TCC’s financial aid page at https://www.tacomacc.edu/costs-admission/financial-aid/. The total percentage of candidates applying to Tacoma Community College who receive the Federal Grant is 31%. On the other hand, 45% of the candidates get the Student Grant, 14% receive the Institution Grant, and 30% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,477, and the same stands at $3,187 for State Grant awardees and $1,552 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,087. 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. 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 TCC, an estimated number of 13% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

28%

State Grant Aid

26%

Institution Grant Aid

9%

Pell Grant

27%

Average Aid Awarded

Federal Grant Aid

$4,589

State Grant Aid

$3,362

Institution Grant Aid

$1,121

Pell Grant

$4,459

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,921

$30,001 - $48,000

$5,914

$48,001 - $75,000

$3,132

$75,001 - $110,000

$1,108

Over $110,000

$300

Student Loans for Tacoma Community College

Average Loan Amount Average Loan Amount received per year.

$5,675/Year

Students Taking Out Loans

12%

Loan Default Rate

14.3%

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