Spokane Falls Community College Financial Aid and Scholarships
Students Receiving Aid
46%
Total Aid Amount
$14.686M
Financial Aid Official Website
https://sfcc.spokane.edu/How-to-Pay-for-College
As many as 61% of the students at SFCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $6,874,684 in a year. One can visit SFCC's financial aid page at https://sfcc.spokane.edu/How-to-Pay-for-College for more information. The total percentage of candidates applying to Spokane Falls Community College who receive the Federal Grant is 41%. Meanwhile, 50% of the applicants receive the Student Grant and 10% are awarded the Institution Grant, while 40% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,180, the State Grant receivers and Institution Grant beneficiaries get $3,040 and $1,702, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,060. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 Spokane Falls Community College, the percentage of candidates who opt to avail of student loans is around 25%.