$4,961

Avg. Federal Grant

$4,703

Avg. Federal Loan

$21,483,389

Total Aid Awarded

Union County College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

50%

Total Aid Amount Average Total Aid Awarded per year.

$21.483M

Financial Aid Official Website

https://www.ucc.edu/admissions/paying-for-college/

It is interesting to note that, every year, around 74% of students at UCC receive some kind of financial aid, while the total amount of assistance/loans provided is $7,257,021. More information regarding the financial assistance schemes can be accessed on UCC’s official financial aid page at https://www.ucc.edu/admissions/paying-for-college/. Notably, a total of 61% of the applicants to Union County College receive the Federal Grant every year. In comparison, 69% of the students are awarded the Student Grant, 10% get the Institution Grant, and 61% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,111, the State Grant receivers and Institution Grant beneficiaries get $2,337 and $1,755, respectively. And, for the Pell Grant awardees, the average aid amount is $3,997. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 9% of the applicants to Union County College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

26%

Institution Grant Aid

10%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,961

State Grant Aid

$2,394

Institution Grant Aid

$1,310

Pell Grant

$4,881

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,538

$30,001 - $48,000

$5,685

$48,001 - $75,000

$3,449

$75,001 - $110,000

$847

Over $110,000

$92

Student Loans for Union County College

Average Loan Amount Average Loan Amount received per year.

$4,826/Year

Students Taking Out Loans

8%

Loan Default Rate

14.9%

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