$5,475

Avg. Federal Grant

$5,561

Avg. Federal Loan

$27,981,719

Total Aid Awarded

Eastfield College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$27.982M

Financial Aid Official Website

www.eastfieldcollege.edu/pc/fa/pages/fa-offices.aspx

Among them are scholarship programs such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. It is interesting to note that, every year, around 63% of students at EC receive some kind of financial aid, while the total amount of assistance/loans provided is $7,512,055. The total percentage of candidates applying to Eastfield College who receive the Federal Grant is 48%. In comparison, 61% of the students are awarded the Student Grant, 5% get the Institution Grant, and 48% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,564, while the same comes to $1,953 for State Grant receivers and $1,019 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,110. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Eastfield College, the percentage of candidates who opt to avail of student loans is around 10%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

27%

Institution Grant Aid

2%

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$5,475

State Grant Aid

$2,076

Institution Grant Aid

$994

Pell Grant

$5,473

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,987

$30,001 - $48,000

$5,508

$48,001 - $75,000

$3,104

$75,001 - $110,000

$928

Over $110,000

N/A

Student Loans for Eastfield College

Average Loan Amount Average Loan Amount received per year.

$5,561/Year

Students Taking Out Loans

7%

Loan Default Rate

18.8%

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