$6,123

Avg. Federal Grant

$3,807

Avg. Federal Loan

$77,191,366

Total Aid Awarded

Vassar College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$77.191M

Financial Aid Official Website

admissions.vassar.edu/finaid.html

It is interesting to note that, every year, around 61% of students at VC receive some kind of financial aid, while the total amount of assistance/loans provided is $5,052,080. The total percentage of candidates applying to Vassar College who receive the Federal Grant is 20%. Meanwhile, 55% of the applicants receive the Student Grant and 53% are awarded the Institution Grant, while 19% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,668, the State Grant receivers and Institution Grant beneficiaries get $2,883 and $46,417, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,813. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 37% of the applicants to Vassar College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

22%

State Grant Aid

8%

Institution Grant Aid

65%

Pell Grant

22%

Average Aid Awarded

Federal Grant Aid

$6,123

State Grant Aid

$2,914

Institution Grant Aid

$43,569

Pell Grant

$4,703

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$62,777

$30,001 - $48,000

$61,696

$48,001 - $75,000

$57,256

$75,001 - $110,000

$47,665

Over $110,000

$25,130

Student Loans for Vassar College

Average Loan Amount Average Loan Amount received per year.

$4,855/Year

Students Taking Out Loans

43%

Loan Default Rate

1.5%

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