$5,055

Avg. Federal Grant

$4,784

Avg. Federal Loan

$1,633,429

Total Aid Awarded

Washington County Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

77%

Total Aid Amount Average Total Aid Awarded per year.

$1.633M

Financial Aid Official Website

www.wccc.me.edu/admissions-aid/finances/financial-aid/

Notably, 97% of the students at Washington County Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $410,222. More information regarding the financial assistance schemes can be accessed on WCCC’s official financial aid page at http://www.wccc.me.edu/admissions-aid/finances/financial-aid/. The total percentage of candidates applying to Washington County Community College who receive the Federal Grant is 78%. Meanwhile, 83% of the applicants receive the Student Grant and 18% are awarded the Institution Grant, while 78% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,345, while the same comes to $1,570 for State Grant receivers and $1,089 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,348. 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. At Washington County Community College, the percentage of candidates who opt to avail of student loans is around 39%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

77%

State Grant Aid

64%

Institution Grant Aid

24%

Pell Grant

77%

Average Aid Awarded

Federal Grant Aid

$5,055

State Grant Aid

$1,850

Institution Grant Aid

$975

Pell Grant

$4,946

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,410

$30,001 - $48,000

$6,605

$48,001 - $75,000

$3,416

$75,001 - $110,000

$429

Over $110,000

N/A

Student Loans for Washington County Community College

Average Loan Amount Average Loan Amount received per year.

$4,784/Year

Students Taking Out Loans

39%

Loan Default Rate

25.2%