$4,394

Avg. Federal Grant

$3,739

Avg. Federal Loan

$23,535,057

Total Aid Awarded

Volunteer State Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$23.535M

Financial Aid Official Website

www.volstate.edu/FinancialAid/

Such schemes include Chapter 105 - Memphis - Les Segar Memorial Scholarship, Dr. Richard Forrest & Ella Dudney Kelsey Memorial Scholarship, Tennessee HOPE Scholarship, and Tennessee Student Assistance Award. As many as 94% of the students at VSCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,844,642 in a year. More information regarding the financial assistance schemes can be accessed on VSCC’s official financial aid page at http://www.volstate.edu/FinancialAid/. Notably, a total of 52% of the applicants to Volunteer State Community College receive the Federal Grant every year. On the other hand, 93% of the candidates get the Student Grant, 5% receive the Institution Grant, and 52% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,402, and the same stands at $3,169 for State Grant awardees and $1,643 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,767. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 6% of the applicants to Volunteer State Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

83%

Institution Grant Aid

5%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$4,394

State Grant Aid

$3,188

Institution Grant Aid

$1,453

Pell Grant

$4,327

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,169

$30,001 - $48,000

$6,364

$48,001 - $75,000

$4,478

$75,001 - $110,000

$2,665

Over $110,000

$2,140

Student Loans for Volunteer State Community College

Average Loan Amount Average Loan Amount received per year.

$3,759/Year

Students Taking Out Loans

7%

Loan Default Rate

14.7%

Other Colleges In Tennessee

Belmont University
Belmont University

Nashville, Tennessee

Lee University
Lee University

Cleveland, Tennessee

Lipscomb University
Lipscomb University

Nashville, Tennessee

Other Colleges In Gallatin

Welch College
Welch College

Gallatin, Tennessee