$4,630

Avg. Federal Grant

$4,254

Avg. Federal Loan

$10,150,526

Total Aid Awarded

Three Rivers Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

57%

Total Aid Amount Average Total Aid Awarded per year.

$10.151M

Financial Aid Official Website

www.threerivers.edu/admissions/how-to-enroll/financial-aid-scholarships/

As many as 70% of the students at TRCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,095,113 in a year. More information regarding the financial assistance schemes can be accessed on TRCC’s official financial aid page at http://www.threerivers.edu/admissions/how-to-enroll/financial-aid-scholarships/. Notably, a total of 51% of the applicants to Three Rivers Community College receive the Federal Grant every year. In comparison, 66% of the students are awarded the Student Grant, 20% get the Institution Grant, and 51% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,020, the State Grant receivers and Institution Grant beneficiaries get $2,917 and $2,059, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,414. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 5% of the applicants to Three Rivers Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

29%

Institution Grant Aid

N/A

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,630

State Grant Aid

$2,789

Institution Grant Aid

$350

Pell Grant

$4,567

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,533

$30,001 - $48,000

$5,170

$48,001 - $75,000

$5,000

$75,001 - $110,000

$2,758

Over $110,000

N/A

Student Loans for Three Rivers Community College

Average Loan Amount Average Loan Amount received per year.

$4,254/Year

Students Taking Out Loans

5%

Loan Default Rate

9%

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