$4,360

Avg. Federal Grant

N/A

Avg. Federal Loan

$7,791,549

Total Aid Awarded

John A Logan College (JALC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

58%

State Grant Aid

25%

Institution Grant Aid

14%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$4,360

State Grant Aid

$1,156

Institution Grant Aid

$2,895

Pell Grant

$4,294

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,626

$30,001 - $48,000

$5,032

$48,001 - $75,000

$3,032

$75,001 - $110,000

$2,970

Over $110,000

N/A

Student Loans for John A Logan College (JALC)

Average Loan Amount Average Loan Amount received per year.

$4,792/Year

Students Taking Out Loans

3%

Loan Default Rate

18.1%

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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