Voorhees College Financial Aid and Scholarships
Students Receiving Aid
94%
Total Aid Amount
$4.376M
Financial Aid Official Website
www.voorhees.edu
Notably, 99% of the students at Voorhees College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,087,602. The total percentage of candidates applying to Voorhees College who receive the Federal Grant is 87%. Meanwhile, 94% of the applicants receive the Student Grant and 32% are awarded the Institution Grant, while 86% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,893, the State Grant receivers and Institution Grant beneficiaries get $3,989 and $4,366, respectively. And, for the Pell Grant awardees, the average aid amount is $5,540. 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. 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. Every year, around 80% of the applicants to Voorhees College opt for student loans.