Cabarrus College of Health Sciences Financial Aid and Scholarships
Students Receiving Aid
68%
Total Aid Amount
$1.312M
Financial Aid Official Website
www.carolinashealthcare.org/education/cabarrus-college-of-health-sciences/Financial-Information
As many as 93% of the students at CCHS get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,694,785 in a year. One can visit CCHS's financial aid page at http://www.carolinashealthcare.org/education/cabarrus-college-of-health-sciences/Financial-Information for more information. Notably, a total of 43% of the applicants to Cabarrus College of Health Sciences receive the Federal Grant every year. In comparison, 71% of the students are awarded the Student Grant, 29% get the Institution Grant, and 43% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,859, while the same comes to $4,369 for State Grant receivers and $1,194 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,887. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $12,555 on average in a year. The average aid amount stands at $13,673 for an annual family income between $30,001 and $48,000. This amount comes to $6,578 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $4,213 for those with an annual family income between $75,001 and $110,000, and at $750 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. 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 CCHS, an estimated number of 71% of the applicants choose to go for student loans.