Centre College Financial Aid and Scholarships
Students Receiving Aid
98%
Total Aid Amount
$45.077M
Financial Aid Official Website
https://www.centre.edu/aid/
Among them are scholarship programs such as Carnegie Dartlet $10,000 Scholarship, Centre Award Scholarship, Colonel Scholarship, and Community Service Scholarship for Multicultural Students. Interestingly, almost all of the students at CC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $4,185,111 in a year. One can visit CC's financial aid page at https://www.centre.edu/aid/ for more information. At CC, the total percentage of applicants who receive the Federal Grant stands at 21%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 21% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,488, and the same stands at $4,228 for State Grant awardees and $27,585 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,703. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $38,209 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $37,260 and $32,283, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $29,502. And, for those with a family income of more than $110,000, the amount stands at $23,019. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. Every year, around 49% of the applicants to Centre College opt for student loans.
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