$4,237

Avg. Federal Grant

$5,728

Avg. Federal Loan

$16,759,512

Total Aid Awarded

Century College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$16.760M

Financial Aid Official Website

https://www.century.edu/cost-financial-aid/financial-aid

Notably, 68% of the students at Century College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $16,709,945. The total percentage of candidates applying to Century College who receive the Federal Grant is 45%. Meanwhile, 53% of the applicants receive the Student Grant and 1% are awarded the Institution Grant, while 45% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,201, the State Grant receivers and Institution Grant beneficiaries get $1,125 and $1,071, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,369. 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. 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 CC, an estimated number of 27% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

52%

Institution Grant Aid

1%

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$4,237

State Grant Aid

$878

Institution Grant Aid

$1,697

Pell Grant

$4,204

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,327

$30,001 - $48,000

$4,867

$48,001 - $75,000

$2,927

$75,001 - $110,000

$817

Over $110,000

$41

Student Loans for Century College

Average Loan Amount Average Loan Amount received per year.

$5,778/Year

Students Taking Out Loans

32%

Loan Default Rate

11.2%

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