$5,053

Avg. Federal Grant

$4,390

Avg. Federal Loan

$94,604,031

Total Aid Awarded

Valencia College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$94.604M

Financial Aid Official Website

valenciacollege.edu/finaid/

Notably, 75% of the students at Valencia College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $34,417,890. More information regarding the financial assistance schemes can be accessed on VC’s official financial aid page at http://valenciacollege.edu/finaid/. The total percentage of candidates applying to Valencia College who receive the Federal Grant is 60%. In comparison, 67% of the students are awarded the Student Grant, 14% get the Institution Grant, and 60% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,576, the State Grant receivers and Institution Grant beneficiaries get $2,587 and $1,126, respectively. And, for the Pell Grant awardees, the average aid amount is $4,353. 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. Candidates are also required to repay these loans within a given period. At VC, an estimated number of 19% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

62%

State Grant Aid

26%

Institution Grant Aid

18%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$5,053

State Grant Aid

$2,465

Institution Grant Aid

$1,143

Pell Grant

$4,907

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,397

$30,001 - $48,000

$4,814

$48,001 - $75,000

$2,826

$75,001 - $110,000

$2,073

Over $110,000

N/A

Student Loans for Valencia College

Average Loan Amount Average Loan Amount received per year.

$4,573/Year

Students Taking Out Loans

20%

Loan Default Rate

6.8%