John A Logan College (JALC) Financial Aid and Scholarships
Students Receiving Aid
44%
Total Aid Amount
$7.792M
Financial Aid Official Website
https://www.jalc.edu/financial-aid
Among them are scholarship programs such as AMVETS Post #100 Scholarship, August & Edna Zahatko Scholarship, Grant Program for Descendants of Police, Fire, or Correctional Officers, and Illinois National Guard Grant. Notably, around 73% of the students at John A Logan College receive some kind of financial aid every year, official data shows. Notably, a total of 57% of the applicants to John A Logan College receive the Federal Grant every year. On the other hand, 69% of the candidates get the Student Grant, 18% receive the Institution Grant, and 55% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,460, while the same comes to $1,331 for State Grant receivers and $3,770 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,262. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At John A Logan College, the percentage of candidates who opt to avail of student loans is around 3%.