$6,836

Avg. Federal Grant

$2,415

Avg. Federal Loan

$7,092,897

Total Aid Awarded

Wilkes Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

50%

Total Aid Amount Average Total Aid Awarded per year.

$7.093M

Financial Aid Official Website

www.wilkescc.edu/financial-aid/

It is interesting to note that, every year, around 82% of students at WCC receive some kind of financial aid, while the total amount of assistance/loans provided is $470,822. One can visit WCC's financial aid page at http://www.wilkescc.edu/financial-aid/ for more information. Notably, a total of 61% of the applicants to Wilkes Community College receive the Federal Grant every year. On the other hand, 76% of the candidates get the Student Grant, 26% receive the Institution Grant, and 61% get the Pell Grant. While the Federal Grant awardees receive an average aid of $7,611, the State Grant receivers and Institution Grant beneficiaries get $2,154 and $750, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $7,562. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 3% of the applicants to Wilkes Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

36%

Institution Grant Aid

29%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$6,836

State Grant Aid

$1,116

Institution Grant Aid

$606

Pell Grant

$6,824

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,391

$30,001 - $48,000

$6,149

$48,001 - $75,000

$6,622

$75,001 - $110,000

$6,344

Over $110,000

N/A

Student Loans for Wilkes Community College

Average Loan Amount Average Loan Amount received per year.

$2,415/Year

Students Taking Out Loans

9%

Loan Default Rate

29.6%

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