$5,712

Avg. Federal Grant

$5,196

Avg. Federal Loan

$50,912,706

Total Aid Awarded

Trinity College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$50.913M

Financial Aid Official Website

www.trincoll.edu/Admissions/finaid

Such schemes include Marie L. Rose Scholarship, NEEBC Scholarship Award, and QuestBridge National College Match Scholarship. Notably, 56% of the students at Trinity College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,943,808. One can visit TC's financial aid page at http://www.trincoll.edu/Admissions/finaid for more information. At TC, the total percentage of applicants who receive the Federal Grant stands at 12%. Meanwhile, 51% of the applicants receive the Student Grant and 51% are awarded the Institution Grant, while 11% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,771, the State Grant receivers and Institution Grant beneficiaries get $2,400 and $44,843, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,771. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Those with a family income below $30,000 per annum, would get an average federal aid of $59,033 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $58,720 and $57,744, respectively. On the other hand, the average federal aid stands at $43,469 for those with an annual family income between $75,001 and $110,000, and at $24,268 for an income more than $110,000. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Trinity College, the percentage of candidates who opt to avail of student loans is around 40%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

16%

State Grant Aid

1%

Institution Grant Aid

52%

Pell Grant

16%

Average Aid Awarded

Federal Grant Aid

$5,712

State Grant Aid

$3,395

Institution Grant Aid

$44,875

Pell Grant

$4,573

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$66,082

$30,001 - $48,000

$65,491

$48,001 - $75,000

$55,182

$75,001 - $110,000

$49,154

Over $110,000

$23,955

Student Loans for Trinity College

Average Loan Amount Average Loan Amount received per year.

$6,944/Year

Students Taking Out Loans

46%

Loan Default Rate

1.1%

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