York College of Pennsylvania (YCP) Financial Aid and Scholarships
Students Receiving Aid
88%
Total Aid Amount
$30.248M
Financial Aid Official Website
www.ycp.edu/financialaid
Students can avail of scholarships provided by the college, such as Dean's Academic Scholarship, Joseph P. Gavenonis Scholarship, Ohio College Opportunity Grant, and Technology Scholarship, if they find educational expenses to be on the higher side. Interestingly, almost all of the students at YCP receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $18,017,388 in a year. Notably, a total of 33% of the applicants to York College of Pennsylvania receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 99% get the Institution Grant, and 33% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,677, the State Grant receivers and Institution Grant beneficiaries get $3,599 and $8,087, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,492. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At York College of Pennsylvania, the percentage of candidates who opt to avail of student loans is around 78%.