Southeastern Illinois College Financial Aid and Scholarships
Students Receiving Aid
41%
Total Aid Amount
$3.224M
Financial Aid Official Website
www.sic.edu/financial-aid
Notably, around 87% of the students at Southeastern Illinois College receive some kind of financial aid every year, official data shows. One can visit SIC's financial aid page at http://www.sic.edu/financial-aid for more information. The total percentage of candidates applying to Southeastern Illinois College who receive the Federal Grant is 65%. On the other hand, 85% of the candidates get the Student Grant, 43% receive the Institution Grant, and 53% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,243, while the same comes to $1,545 for State Grant receivers and $2,206 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,665. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period.