$4,381

Avg. Federal Grant

$3,042

Avg. Federal Loan

$685,564

Total Aid Awarded

GateWay Community College-Central City Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

22%

Total Aid Amount Average Total Aid Awarded per year.

$685.564K

Financial Aid Official Website

www.maricopaskillcenter.com/student-resources/paying-school/financial-aid

As many as 47% of the students at GCCCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $305,605 in a year. The total percentage of candidates applying to GateWay Community College-Central City who receive the Federal Grant is 41%. Meanwhile, 41% of the applicants receive the Student Grant, while 41% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,599. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 13% of the applicants to GateWay Community College-Central City opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,381

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,120

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,830

$30,001 - $48,000

$2,066

$48,001 - $75,000

$2,498

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for GateWay Community College-Central City

Average Loan Amount Average Loan Amount received per year.

$3,042/Year

Students Taking Out Loans

15%

Loan Default Rate

N/A

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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