$4,553

Avg. Federal Grant

$5,271

Avg. Federal Loan

$11,021,665

Total Aid Awarded

Tompkins Cortland Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$11.022M

Financial Aid Official Website

www.tompkinscortland.edu/admissions/financial-aid

As many as 91% of the students at TCCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $6,055,171 in a year. More information regarding the financial assistance schemes can be accessed on TCCC’s official financial aid page at http://www.tompkinscortland.edu/admissions/financial-aid. The total percentage of candidates applying to Tompkins Cortland Community College who receive the Federal Grant is 68%. On the other hand, 82% of the candidates get the Student Grant, 18% receive the Institution Grant, and 68% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,537, and the same stands at $2,930 for State Grant awardees and $1,904 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,241. 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. At TCCC, an estimated number of 54% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

70%

State Grant Aid

74%

Institution Grant Aid

20%

Pell Grant

70%

Average Aid Awarded

Federal Grant Aid

$4,553

State Grant Aid

$2,817

Institution Grant Aid

$1,626

Pell Grant

$4,479

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,805

$30,001 - $48,000

$7,192

$48,001 - $75,000

$3,691

$75,001 - $110,000

$521

Over $110,000

$175

Student Loans for Tompkins Cortland Community College

Average Loan Amount Average Loan Amount received per year.

$5,579/Year

Students Taking Out Loans

57%

Loan Default Rate

18.4%

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