$3,384

Avg. Federal Grant

$5,323

Avg. Federal Loan

$2,032,473

Total Aid Awarded

Valley Forge Military College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

93%

Total Aid Amount Average Total Aid Awarded per year.

$2.032M

Financial Aid Official Website

www.vfmac.edu

Such schemes include Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Joseph P. Gavenonis Scholarship, and Technology Scholarship. Interestingly, almost all of the students at VFMC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $1,410,543 in a year. Notably, a total of 88% of the applicants to Valley Forge Military College receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 88% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $3,235, and the same stands at $3,333 for State Grant awardees and $8,780 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,385. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 100% of the applicants to Valley Forge Military College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

80%

State Grant Aid

42%

Institution Grant Aid

80%

Pell Grant

80%

Average Aid Awarded

Federal Grant Aid

$3,384

State Grant Aid

$3,040

Institution Grant Aid

$7,904

Pell Grant

$2,811

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,010

$30,001 - $48,000

$9,556

$48,001 - $75,000

$6,444

$75,001 - $110,000

$4,379

Over $110,000

$4,173

Student Loans for Valley Forge Military College

Average Loan Amount Average Loan Amount received per year.

$5,318/Year

Students Taking Out Loans

100%

Loan Default Rate

21.8%

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