Zane State College Financial Aid and Scholarships
Students Receiving Aid
30%
Total Aid Amount
$3.740M
Financial Aid Official Website
https://my.zanestate.edu/ICS/Finances/
Such schemes include Dr. Allen Smith Memorial Scholarship, Educational Assistance Commitment Grant, James R. Hunt Memorial Scholarship, and Larry and Doris Clark Scholarship. As many as 84% of the students at ZSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,468,043 in a year. Notably, a total of 58% of the applicants to Zane State College receive the Federal Grant every year. Meanwhile, 83% of the applicants receive the Student Grant and 31% are awarded the Institution Grant, while 58% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,199, while the same comes to $2,909 for State Grant receivers and $2,753 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,241. 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. 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. Candidates are also required to repay these loans within a given period. At ZSC, an estimated number of 33% of the applicants choose to go for student loans.