OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Rend Lake College Financial Aid and Scholarships 2022

A public university by the name of Rend Lake College is located in Ina, IL. Rend Lake College covers an area of 350 acres. In 1955, Rend Lake College was founded. The university believes in imparting quality education and giving back to society. In the same light, Rend Lake College has a motto of "Your Journey Starts Here". Taking into account all the courses offered at Rend Lake College, the total enrolment stands at 2,287. The school has an academic staff of 127 who teach various courses to

Rend Lake College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

84%

Total Aid Amount Average Total Aid Awarded per year.

$6.233M

Financial Aid Official Website

www.rlc.edu/financial-aid

As many as 87% of the students at RLC receive some kind of financial aid, shows the latest data. More information regarding the financial assistance schemes can be accessed on RLC’s official financial aid page at http://www.rlc.edu/financial-aid. Notably, a total of 48% of the applicants to Rend Lake College receive the Federal Grant every year. Meanwhile, 74% of the applicants receive the Student Grant and 44% are awarded the Institution Grant, while 47% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,610, and the same stands at $1,614 for State Grant awardees and $2,387 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,284. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 5% of the applicants to Rend Lake College opt for student loans.

Minumum Credit Score	Apply in as little as	Variable APR	Fixed APR
Not Available	15 minutes or less	2.95	4.74	View disclosures
620	2 minutes	5.38%-16.99%¹	4.43%-16.99%¹	View disclosures
Not Available	15 minutes	1.13% - 11.23%¹ (with autopay)	3.50% - 12.60%¹ (with autopay)	View disclosures

Minumum Credit Score

Apply in as little as

Variable APR

Fixed APR

Not Available

15 minutes or less

2.95

4.74

View disclosures

620

2 minutes

5.38%-16.99%¹

4.43%-16.99%¹

View disclosures

Not Available

15 minutes

1.13% - 11.23%¹ (with autopay)

3.50% - 12.60%¹ (with autopay)

View disclosures

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