$4,570

Avg. Federal Grant

N/A

Avg. Federal Loan

$4,535,572

Total Aid Awarded

Virginia Highlands Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$4.536M

Financial Aid Official Website

www.vhcc.edu/index.aspx?page=375

As many as 90% of the students at VHCC receive some kind of financial aid, shows the latest data. More information regarding the financial assistance schemes can be accessed on VHCC’s official financial aid page at http://www.vhcc.edu/index.aspx?page=375. Notably, a total of 66% of the applicants to Virginia Highlands Community College receive the Federal Grant every year. Meanwhile, 77% of the applicants receive the Student Grant and 16% are awarded the Institution Grant, while 66% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,737, the State Grant receivers and Institution Grant beneficiaries get $1,397 and $1,340, respectively. And, for the Pell Grant awardees, the average aid amount is $3,877. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

53%

Institution Grant Aid

17%

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$4,570

State Grant Aid

$1,392

Institution Grant Aid

$874

Pell Grant

$4,472

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,598

$30,001 - $48,000

$5,508

$48,001 - $75,000

$4,443

$75,001 - $110,000

$5,057

Over $110,000

N/A

Student Loans for Virginia Highlands Community College

Average Loan Amount Average Loan Amount received per year.

$5,313/Year

Students Taking Out Loans

2%

Loan Default Rate

N/A

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