Central Virginia Community College Financial Aid and Scholarships
Students Receiving Aid
38%
Total Aid Amount
$5.392M
Financial Aid Official Website
centralvirginia.edu/Paying-for-College
Among them are scholarship programs such as Virginia Military Survivors and Dependents Education Program. Notably, 72% of the students at Central Virginia Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $989,366. One can visit CVCC's financial aid page at http://centralvirginia.edu/Paying-for-College for more information. At CVCC, the total percentage of applicants who receive the Federal Grant stands at 55%. Meanwhile, 64% of the applicants receive the Student Grant and 11% are awarded the Institution Grant, while 55% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,433, while the same comes to $1,122 for State Grant receivers and $2,590 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,342. 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. 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. At CVCC, an estimated number of 10% of the applicants choose to go for student loans.
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