Gadsden State Community College (GSCC) Financial Aid and Scholarships
Students Receiving Aid
71%
Total Aid Amount
$16.624M
Financial Aid Official Website
www.gadsdenstate.edu/financial_aid/home
It is interesting to note that, every year, around 80% of students at GSCC receive some kind of financial aid. More information regarding the financial assistance schemes can be accessed on GSCC’s official financial aid page at http://www.gadsdenstate.edu/financial_aid/home. At GSCC, the total percentage of applicants who receive the Federal Grant stands at 64%. In comparison, 76% of the students are awarded the Student Grant, 21% get the Institution Grant, and 63% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,505, while the same comes to $816 for State Grant receivers and $3,778 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,628. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. At GSCC, an estimated number of 2% of the applicants choose to go for student loans.
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