Sierra Nevada College (SNC) Financial Aid and Scholarships
Students Receiving Aid
100%
Total Aid Amount
$8.079M
Financial Aid Official Website
www.sierranevada.edu/admissions/undergrad/financial-aid/
Notably, 99% of the students at Sierra Nevada College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,419,920. At SNC, the total percentage of applicants who receive the Federal Grant stands at 44%. Meanwhile, 99% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 44% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,678, while the same comes to $1,863 for State Grant receivers and $17,762 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,149. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At SNC, an estimated number of 99% of the applicants choose to go for student loans.
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