Rio Salado College Financial Aid and Scholarships
Students Receiving Aid
19%
Total Aid Amount
$8.326M
Financial Aid Official Website
N/A
Notably, 77% of the students at Rio Salado College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,686,878. At RSC, the total percentage of applicants who receive the Federal Grant stands at 66%. Meanwhile, 68% of the applicants receive the Student Grant and 13% are awarded the Institution Grant, while 66% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,526, the State Grant receivers and Institution Grant beneficiaries get $1,000 and $770, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,114. 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. Candidates are also required to repay these loans within a given period. At Rio Salado College, the percentage of candidates who opt to avail of student loans is around 38%.
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