$4,077

Avg. Federal Grant

$3,934

Avg. Federal Loan

$9,752,104

Total Aid Awarded

Everett Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

25%

Total Aid Amount Average Total Aid Awarded per year.

$9.752M

Financial Aid Official Website

www.everettcc.edu/students/financial/financial-aid

Students can avail of scholarships provided by the college, such as American Indian Endowed Scholarship, Bess Mikalson, Bobbi McCallum Scholarship, and DPMA/pc Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 48% of students at ECC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,693,712. The total percentage of candidates applying to Everett Community College who receive the Federal Grant is 25%. In comparison, 41% of the students are awarded the Student Grant, 22% get the Institution Grant, and 25% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,822, the State Grant receivers and Institution Grant beneficiaries get $3,466 and $2,082, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,065. 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 Everett Community College, the percentage of candidates who opt to avail of student loans is around 6%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

26%

State Grant Aid

24%

Institution Grant Aid

22%

Pell Grant

26%

Average Aid Awarded

Federal Grant Aid

$4,077

State Grant Aid

$3,200

Institution Grant Aid

$1,655

Pell Grant

$4,006

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,690

$30,001 - $48,000

$6,477

$48,001 - $75,000

$4,321

$75,001 - $110,000

$1,287

Over $110,000

$531

Student Loans for Everett Community College

Average Loan Amount Average Loan Amount received per year.

$4,027/Year

Students Taking Out Loans

6%

Loan Default Rate

12.1%

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