$4,838

Avg. Federal Grant

$3,037

Avg. Federal Loan

$35,787,540

Total Aid Awarded

Collin College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

23%

Total Aid Amount Average Total Aid Awarded per year.

$35.788M

Financial Aid Official Website

www.collin.edu/gettingstarted/financialaid/index.html

As many as 37% of the students at CCCCD get some sort of financial aid, and the total amount of assistance/loans provided is more than $11,134,098 in a year. The total percentage of candidates applying to Collin County Community College District who receive the Federal Grant is 28%. In comparison, 30% of the students are awarded the Student Grant, 2% get the Institution Grant, and 28% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,998, and the same stands at $1,114 for State Grant awardees and $2,264 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,922. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 14% of the applicants to Collin County Community College District opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

11%

Institution Grant Aid

3%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$4,838

State Grant Aid

$1,167

Institution Grant Aid

$1,686

Pell Grant

$4,732

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,857

$30,001 - $48,000

$4,824

$48,001 - $75,000

$2,222

$75,001 - $110,000

$477

Over $110,000

N/A

Student Loans for Collin College

Average Loan Amount Average Loan Amount received per year.

$3,042/Year

Students Taking Out Loans

15%

Loan Default Rate

15.1%

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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