$5,302

Avg. Federal Grant

$4,040

Avg. Federal Loan

$12,607,813

Total Aid Awarded

Texas Southmost College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

47%

Total Aid Amount Average Total Aid Awarded per year.

$12.608M

Financial Aid Official Website

www.tsc.edu/index.php/financial-aid-office.html

It is interesting to note that, every year, around 90% of students at TSC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,948,542. Notably, a total of 83% of the applicants to Texas Southmost College receive the Federal Grant every year. On the other hand, 84% of the candidates get the Student Grant, 9% receive the Institution Grant, and 83% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,155, while the same comes to $3,172 for State Grant receivers and $820 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,199. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 TSC, an estimated number of 14% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

83%

State Grant Aid

11%

Institution Grant Aid

10%

Pell Grant

83%

Average Aid Awarded

Federal Grant Aid

$5,302

State Grant Aid

$3,038

Institution Grant Aid

$1,219

Pell Grant

$5,248

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,220

$30,001 - $48,000

$4,770

$48,001 - $75,000

$2,692

$75,001 - $110,000

$135

Over $110,000

N/A

Student Loans for Texas Southmost College

Average Loan Amount Average Loan Amount received per year.

$4,040/Year

Students Taking Out Loans

17%

Loan Default Rate

11.6%