York College Financial Aid and Scholarships
Students Receiving Aid
99%
Total Aid Amount
$4.723M
Financial Aid Official Website
N/A
Among them are scholarship programs such as Clifton & Alberta White Memorial Scholarship, Humpert Memorial Scholarship, Maynard Jensen American Legion Memorial Scholarship, and Robert R. Johnson Memorial Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,924,838. At YC, the total percentage of applicants who receive the Federal Grant stands at 47%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 47% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,742, and the same stands at $1,529 for State Grant awardees and $10,292 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,217. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $14,795 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $9,503 and $10,792, respectively. On the other hand, the average federal aid stands at $9,883 for those with an annual family income between $75,001 and $110,000, and at $9,667 for an income more than $110,000. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 65% of the applicants to York College opt for student loans.
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