$4,758

Avg. Federal Grant

$4,341

Avg. Federal Loan

$12,266,052

Total Aid Awarded

Temple College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

48%

Total Aid Amount Average Total Aid Awarded per year.

$12.266M

Financial Aid Official Website

www.templejc.edu/admissions/financial-aid/

It is interesting to note that, every year, around 78% of students at TC receive some kind of financial aid, while the total amount of assistance/loans provided is $6,721,868. More information regarding the financial assistance schemes can be accessed on TC’s official financial aid page at http://www.templejc.edu/admissions/financial-aid/. The total percentage of candidates applying to Temple College who receive the Federal Grant is 54%. Meanwhile, 62% of the applicants receive the Student Grant and 8% are awarded the Institution Grant, while 54% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,568, the State Grant receivers and Institution Grant beneficiaries get $2,344 and $4,874, respectively. And, for the Pell Grant awardees, the average aid amount is $5,029. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At TC, an estimated number of 27% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

31%

Institution Grant Aid

7%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,758

State Grant Aid

$2,726

Institution Grant Aid

$4,257

Pell Grant

$5,209

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,194

$30,001 - $48,000

$6,702

$48,001 - $75,000

$3,700

$75,001 - $110,000

$421

Over $110,000

$552

Student Loans for Temple College

Average Loan Amount Average Loan Amount received per year.

$4,316/Year

Students Taking Out Loans

30%

Loan Default Rate

19.6%