Victoria College Financial Aid and Scholarships
Students Receiving Aid
50%
Total Aid Amount
$6.062M
Financial Aid Official Website
www.victoriacollege.edu/financialaid
Among them are scholarship programs such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. It is interesting to note that, every year, around 79% of students at VC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,718,119. The total percentage of candidates applying to Victoria College who receive the Federal Grant is 54%. On the other hand, 69% of the candidates get the Student Grant, 29% receive the Institution Grant, and 54% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,575, and the same stands at $1,736 for State Grant awardees and $967 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,372. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 9% of the applicants to Victoria College opt for student loans.
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