Palomar College Financial Aid and Scholarships
Students Receiving Aid
48%
Total Aid Amount
$28.795M
Financial Aid Official Website
www2.palomar.edu/pages/fa/
Students can avail of scholarships provided by the college, such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 78% of students at PC receive some kind of financial aid, while the total amount of assistance/loans provided is $693,185. For additional information about financial assistance schemes, one can head over to PC’s financial aid page at http://www2.palomar.edu/pages/fa/. At PC, the total percentage of applicants who receive the Federal Grant stands at 34%. On the other hand, 77% of the candidates get the Student Grant, 11% receive the Institution Grant, and 34% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,928, the State Grant receivers and Institution Grant beneficiaries get $2,043 and $330, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,765. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period.