$4,842

Avg. Federal Grant

$3,634

Avg. Federal Loan

$3,392,156

Total Aid Awarded

York County Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$3.392M

Financial Aid Official Website

www.yccc.edu/admissions-aid/paying-college/financial-aid/

Students can avail of scholarships provided by the college, such as Maine Public Relations Council Scholarship, Maine State Society of Washington D.C. Scholarship, Maine Student Grant, and Maine Veterans Dependent Educational Benefits, if they find educational expenses to be on the higher side. As many as 86% of the students at YCCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,001,073 in a year. For additional information about financial assistance schemes, one can head over to YCCC’s financial aid page at http://www.yccc.edu/admissions-aid/paying-college/financial-aid/. Notably, a total of 49% of the applicants to York County Community College receive the Federal Grant every year. On the other hand, 75% of the candidates get the Student Grant, 38% receive the Institution Grant, and 49% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,635, while the same comes to $1,396 for State Grant receivers and $1,238 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,178. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At YCCC, an estimated number of 22% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

38%

Institution Grant Aid

39%

Pell Grant

58%

Average Aid Awarded

Federal Grant Aid

$4,842

State Grant Aid

$1,325

Institution Grant Aid

$1,171

Pell Grant

$4,526

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,581

$30,001 - $48,000

$6,930

$48,001 - $75,000

$3,401

$75,001 - $110,000

$1,330

Over $110,000

N/A

Student Loans for York County Community College

Average Loan Amount Average Loan Amount received per year.

$3,634/Year

Students Taking Out Loans

18%

Loan Default Rate

14.6%