$5,785

Avg. Federal Grant

$4,736

Avg. Federal Loan

$9,147,400

Total Aid Awarded

Vernon College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$9.147M

Financial Aid Official Website

www.vernoncollege.edu/financial-aid-home-page

Such schemes include Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. Notably, 88% of the students at Vernon College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,700,830. Notably, a total of 66% of the applicants to Vernon College receive the Federal Grant every year. Meanwhile, 80% of the applicants receive the Student Grant and 21% are awarded the Institution Grant, while 66% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,434, the State Grant receivers and Institution Grant beneficiaries get $3,020 and $3,591, respectively. And, for the Pell Grant awardees, the average aid amount is $5,460. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At VC, an estimated number of 39% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

63%

State Grant Aid

27%

Institution Grant Aid

21%

Pell Grant

63%

Average Aid Awarded

Federal Grant Aid

$5,785

State Grant Aid

$2,824

Institution Grant Aid

$4,377

Pell Grant

$5,637

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,308

$30,001 - $48,000

$6,833

$48,001 - $75,000

$4,287

$75,001 - $110,000

$1,538

Over $110,000

$1,794

Student Loans for Vernon College

Average Loan Amount Average Loan Amount received per year.

$4,736/Year

Students Taking Out Loans

44%

Loan Default Rate

18.2%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

Other Colleges In Texas

Online Education at Texas A&M University

Distance Education offered at Texas A&M University are web-based courses and classified into two categories i.e, Web-Based On-Campus and Web-based Off-Campus. Students can pursue the program of their choice at their own pac

College Station, Texas 4 years Public

Southern Methodist University which is a private, United Methodist university, is located in Dallas, TX. Southern Methodist University occupies a total area of about 237 acres. Southern Methodist University was founded in the year 1911. The motto of the Southern Methodist University is Latin: Verita

Dallas, Texas 4 years Private For-Profit


Online Education at HCC

The college provides online classes for those who cannot travel on-campus to earn their degree. The online classes are structured which helps a student to understand the curriculum easily.

  • The college offers 8 online programs across va

Houston, Texas 2 years Public

Other Public Colleges


Online Education at GPTC

The goal of distance education and online studies at Georgia Piedmont Technical College is to provide our students with the opportunity to access quality instruction anytime, anywhere. Such access facilitates a barrier-free delivery of ins

Clarkston, Georgia 2 years Public


Online Education at Cerritos College

University offers a diverse range of programs both online and offline. Offline courses are offered as they are cost effective and have the flexibility of the schedule.

  • Cerritos Colle

Norwalk, California 2 years Public