$5,208

Avg. Federal Grant

$4,944

Avg. Federal Loan

$5,841,877

Total Aid Awarded

Trinidad State Junior College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

48%

Total Aid Amount Average Total Aid Awarded per year.

$5.842M

Financial Aid Official Website

www.trinidadstate.edu/fia

Notably, 90% of the students at Trinidad State Junior College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,253,353. Notably, a total of 52% of the applicants to Trinidad State Junior College receive the Federal Grant every year. In comparison, 84% of the students are awarded the Student Grant, 55% get the Institution Grant, and 52% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,348, the State Grant receivers and Institution Grant beneficiaries get $2,447 and $5,153, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,295. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Trinidad State Junior College, the percentage of candidates who opt to avail of student loans is around 15%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

58%

State Grant Aid

47%

Institution Grant Aid

66%

Pell Grant

58%

Average Aid Awarded

Federal Grant Aid

$5,208

State Grant Aid

$2,120

Institution Grant Aid

$3,405

Pell Grant

$5,075

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,331

$30,001 - $48,000

$7,745

$48,001 - $75,000

$5,761

$75,001 - $110,000

$2,018

Over $110,000

$848

Student Loans for Trinidad State Junior College

Average Loan Amount Average Loan Amount received per year.

$4,964/Year

Students Taking Out Loans

20%

Loan Default Rate

15.3%

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