Young Harris College Financial Aid and Scholarships
Students Receiving Aid
85%
Total Aid Amount
$25.043M
Financial Aid Official Website
www.yhc.edu/admissions/financial-aid
Notably, 99% of the students at Young Harris College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,910,584. One can visit YHC's financial aid page at http://www.yhc.edu/admissions/financial-aid for more information. The total percentage of candidates applying to Young Harris College who receive the Federal Grant is 34%. In comparison, 99% of the students are awarded the Student Grant, 99% get the Institution Grant, and 34% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,002, while the same comes to $3,774 for State Grant receivers and $19,857 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,841. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $26,775 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $25,331 and $23,807, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $21,863. And, for those with a family income of more than $110,000, the amount stands at $20,626. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 59% of the applicants to Young Harris College opt for student loans.
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