$5,871

Avg. Federal Grant

$5,169

Avg. Federal Loan

$13,284,720

Total Aid Awarded

Three Rivers College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$13.285M

Financial Aid Official Website

https://trcc.edu/financialaid/

As many as 90% of the students at TRC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,416,772 in a year. More information regarding the financial assistance schemes can be accessed on TRC’s official financial aid page at https://trcc.edu/financialaid/. Notably, a total of 66% of the applicants to Three Rivers College receive the Federal Grant every year. Meanwhile, 88% of the applicants receive the Student Grant and 24% are awarded the Institution Grant, while 66% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,769, while the same comes to $1,920 for State Grant receivers and $3,226 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $5,882. 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 TRC, an estimated number of 11% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

69%

State Grant Aid

49%

Institution Grant Aid

23%

Pell Grant

69%

Average Aid Awarded

Federal Grant Aid

$5,871

State Grant Aid

$1,838

Institution Grant Aid

$4,531

Pell Grant

$5,803

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,223

$30,001 - $48,000

$6,604

$48,001 - $75,000

$4,710

$75,001 - $110,000

$3,309

Over $110,000

$3,540

Student Loans for Three Rivers College

Average Loan Amount Average Loan Amount received per year.

$5,169/Year

Students Taking Out Loans

11%

Loan Default Rate

21.3%

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