OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

South Central College Financial Aid and Scholarships 2022

Located in North Mankato, MN, South Central College is a public university. At South Central College, the total enrolment stands at 2,775. To teach various courses to the students, the school has employed a total of 163 faculty. Around 68% of the students are 24 and under at South Central College. Shedding some light on gender distribution at SCC, around 54% of the students are females and 46% are males. The average earnings, of the graduates, of this institute stands at $36,100 with 92% bein

South Central College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$7.037M

Financial Aid Official Website

N/A

Notably, 84% of the students at South Central College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,038,407. Notably, a total of 52% of the applicants to South Central College receive the Federal Grant every year. On the other hand, 71% of the candidates get the Student Grant, 19% receive the Institution Grant, and 52% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,659, the State Grant receivers and Institution Grant beneficiaries get $1,608 and $945, respectively. And, for the Pell Grant awardees, the average aid amount is $3,783. 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. 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. At South Central College, the percentage of candidates who opt to avail of student loans is around 31%.

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