Cumberland County College (CCC) Financial Aid and Scholarships
Students Receiving Aid
62%
Total Aid Amount
$9.129M
Financial Aid Official Website
www.cccnj.edu/paying-college/financial-aid
Notably, 83% of the students at Cumberland County College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,807,972. Notably, a total of 60% of the applicants to Cumberland County College receive the Federal Grant every year. Meanwhile, 79% of the applicants receive the Student Grant and 21% are awarded the Institution Grant, while 59% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,033, while the same comes to $2,643 for State Grant receivers and $1,987 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,046. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 8% of the applicants to Cumberland County College opt for student loans.
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