$4,497

Avg. Federal Grant

$4,751

Avg. Federal Loan

$8,604,527

Total Aid Awarded

Tunxis Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

53%

Total Aid Amount Average Total Aid Awarded per year.

$8.605M

Financial Aid Official Website

www.tunxis.edu/offices-departments/financial-aid/

As many as 73% of the students at TCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,622,460 in a year. One can visit TCC's financial aid page at http://www.tunxis.edu/offices-departments/financial-aid/ for more information. The total percentage of candidates applying to Tunxis Community College who receive the Federal Grant is 58%. On the other hand, 65% of the candidates get the Student Grant, 46% receive the Institution Grant, and 56% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,673, while the same comes to $2,501 for State Grant receivers and $493 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,622. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Tunxis Community College, the percentage of candidates who opt to avail of student loans is around 12%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

10%

Institution Grant Aid

58%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,497

State Grant Aid

$3,823

Institution Grant Aid

$844

Pell Grant

$4,446

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,235

$30,001 - $48,000

$5,066

$48,001 - $75,000

$5,108

$75,001 - $110,000

$5,252

Over $110,000

$1,239

Student Loans for Tunxis Community College

Average Loan Amount Average Loan Amount received per year.

$4,751/Year

Students Taking Out Loans

7%

Loan Default Rate

9.6%

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