Riverland Community College Financial Aid and Scholarships
Students Receiving Aid
54%
Total Aid Amount
$6.450M
Financial Aid Official Website
www.riverland.edu/fa
As many as 84% of the students at RCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,398,359 in a year. The total percentage of candidates applying to Riverland Community College who receive the Federal Grant is 53%. On the other hand, 71% of the candidates get the Student Grant, 23% receive the Institution Grant, and 53% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,478, the State Grant receivers and Institution Grant beneficiaries get $2,089 and $909, respectively. And, for the Pell Grant awardees, the average aid amount is $3,767. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Riverland Community College, the percentage of candidates who opt to avail of student loans is around 40%.