Vermilion Community College (VCFA) Financial Aid and Scholarships
Students Receiving Aid
48%
Total Aid Amount
$1.474M
Financial Aid Official Website
www.vcc.edu/about-financial-aid/
As many as 92% of the students at VCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,691,778 in a year. Notably, a total of 56% of the applicants to Vermilion Community College receive the Federal Grant every year. On the other hand, 75% of the candidates get the Student Grant, 25% receive the Institution Grant, and 56% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,455, the State Grant receivers and Institution Grant beneficiaries get $1,720 and $180, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,159. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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 VCC, an estimated number of 76% of the applicants choose to go for student loans.