Visible Music College Financial Aid and Scholarships
Students Receiving Aid
94%
Total Aid Amount
$663.901K
Financial Aid Official Website
https://visible.vfao.com/default.aspx
It is interesting to note that, every year, around 94% of students at VMC receive some kind of financial aid, while the total amount of assistance/loans provided is $775,518. One can visit VMC's financial aid page at https://visible.vfao.com/default.aspx for more information. The total percentage of candidates applying to Visible Music College who receive the Federal Grant is 60%. On the other hand, 91% of the candidates get the Student Grant, 66% receive the Institution Grant, and 60% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,880. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $10,226 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,003 and $4,017, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $4,958. And, for those with a family income of more than $110,000, the amount stands at $3,583. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 71% of the applicants to Visible Music College opt for student loans.
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