$5,000

Avg. Federal Grant

N/A

Avg. Federal Loan

$38,118,853

Total Aid Awarded

Chaffey College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

66%

Total Aid Amount Average Total Aid Awarded per year.

$38.119M

Financial Aid Official Website

www.chaffey.edu/finaid/index.shtml

It is interesting to note that, every year, around 75% of students at CC receive some kind of financial aid. For additional information about financial assistance schemes, one can head over to CC’s financial aid page at http://www.chaffey.edu/finaid/index.shtml. At CC, the total percentage of applicants who receive the Federal Grant stands at 46%. On the other hand, 75% of the candidates get the Student Grant, 6% receive the Institution Grant, and 46% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,838, while the same comes to $2,115 for State Grant receivers and $664 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,472. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

71%

Institution Grant Aid

5%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$5,000

State Grant Aid

$2,139

Institution Grant Aid

$734

Pell Grant

$4,788

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,174

$30,001 - $48,000

$7,768

$48,001 - $75,000

$4,260

$75,001 - $110,000

$3,359

Over $110,000

N/A

Student Loans for Chaffey College

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

10.1%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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