Thomas Nelson Community College Financial Aid and Scholarships
Students Receiving Aid
48%
Total Aid Amount
$12.626M
Financial Aid Official Website
https://tncc.edu/pay/aid
Among them are scholarship programs such as Virginia Military Survivors and Dependents Education Program. As many as 63% of the students at TNCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $6,069,317 in a year. More information regarding the financial assistance schemes can be accessed on TNCC’s official financial aid page at https://tncc.edu/pay/aid. The total percentage of candidates applying to Thomas Nelson Community College who receive the Federal Grant is 44%. On the other hand, 54% of the candidates get the Student Grant, 11% receive the Institution Grant, and 44% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,519, the State Grant receivers and Institution Grant beneficiaries get $1,276 and $1,247, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,254. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At TNCC, an estimated number of 17% of the applicants choose to go for student loans.
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