$6,870

Avg. Federal Grant

N/A

Avg. Federal Loan

$4,902,827

Total Aid Awarded

Rockingham Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

39%

Total Aid Amount Average Total Aid Awarded per year.

$4.903M

Financial Aid Official Website

www.rockinghamcc.edu/financial-aid/

Among them are scholarship programs such as Triangle Scholarship Program. As many as 63% of the students at RCC receive some kind of financial aid, shows the latest data. Notably, a total of 46% of the applicants to Rockingham Community College receive the Federal Grant every year. In comparison, 59% of the students are awarded the Student Grant, 21% get the Institution Grant, and 46% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $7,160, the State Grant receivers and Institution Grant beneficiaries get $1,910 and $1,312, respectively. On the other hand, the average aid received by the Pell Grant awardees is $6,347. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

52%

State Grant Aid

24%

Institution Grant Aid

10%

Pell Grant

52%

Average Aid Awarded

Federal Grant Aid

$6,870

State Grant Aid

$1,482

Institution Grant Aid

$989

Pell Grant

$6,836

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,234

$30,001 - $48,000

$7,469

$48,001 - $75,000

$6,506

$75,001 - $110,000

$3,675

Over $110,000

N/A

Student Loans for Rockingham Community College

Average Loan Amount Average Loan Amount received per year.

$3,691/Year

Students Taking Out Loans

2%

Loan Default Rate

N/A

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