OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Paine College Financial Aid and Scholarships 2022

Paine College which is a private, United Methodist university, is located in Augusta, Georgia. At Paine College, the total enrolment stands at 448. To teach various courses to the students, the school has employed a total of 44 faculty. Speaking of gender distribution, there are around 56% of the students who are females and 44% are males at Paine College. At PC, around 89% of the students are 24 and under. The college has produced several achievers in its many years of existence and some of

Paine College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$3.967M

Financial Aid Official Website

https://www.paine.edu/web/admission/financial-aid

Interestingly, almost all of the students at PC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $3,075,537 in a year. The total percentage of candidates applying to Paine College who receive the Federal Grant is 93%. On the other hand, 100% of the candidates get the Student Grant, 96% receive the Institution Grant, and 93% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,903, while the same comes to $1,429 for State Grant receivers and $7,654 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,359. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At PC, an estimated number of 91% of the applicants choose to go for student loans.

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