$4,378

Avg. Federal Grant

$5,717

Avg. Federal Loan

$21,011,771

Total Aid Awarded

Spokane Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

33%

Total Aid Amount Average Total Aid Awarded per year.

$21.012M

Financial Aid Official Website

https://scc.spokane.edu/Admissions/FinancialAid/home.aspx

Notably, 76% of the students at Spokane Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,525,570. For additional information about financial assistance schemes, one can head over to SCC’s financial aid page at https://scc.spokane.edu/Admissions/FinancialAid/home.aspx. At SCC, the total percentage of applicants who receive the Federal Grant stands at 57%. In comparison, 67% of the students are awarded the Student Grant, 16% get the Institution Grant, and 55% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,154, and the same stands at $2,867 for State Grant awardees and $1,467 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,282. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 33% of the applicants to Spokane Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

53%

Institution Grant Aid

12%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$4,378

State Grant Aid

$3,006

Institution Grant Aid

$1,363

Pell Grant

$4,281

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,769

$30,001 - $48,000

$7,205

$48,001 - $75,000

$4,077

$75,001 - $110,000

$1,108

Over $110,000

$823

Student Loans for Spokane Community College

Average Loan Amount Average Loan Amount received per year.

$5,707/Year

Students Taking Out Loans

31%

Loan Default Rate

18.2%

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