$4,435

Avg. Federal Grant

$4,333

Avg. Federal Loan

$8,100,623

Total Aid Awarded

Whatcom Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

35%

Total Aid Amount Average Total Aid Awarded per year.

$8.101M

Financial Aid Official Website

whatcom.edu/get-started/financial-aid

Notably, 58% of the students at Whatcom Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,064,829. At WCC, the total percentage of applicants who receive the Federal Grant stands at 41%. In comparison, 50% of the students are awarded the Student Grant, 18% get the Institution Grant, and 41% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,322, the State Grant receivers and Institution Grant beneficiaries get $3,375 and $1,268, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,845. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 8% of the applicants to Whatcom Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

40%

State Grant Aid

34%

Institution Grant Aid

17%

Pell Grant

40%

Average Aid Awarded

Federal Grant Aid

$4,435

State Grant Aid

$3,019

Institution Grant Aid

$1,243

Pell Grant

$4,383

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,313

$30,001 - $48,000

$6,968

$48,001 - $75,000

$5,349

$75,001 - $110,000

$364

Over $110,000

$4,929

Student Loans for Whatcom Community College

Average Loan Amount Average Loan Amount received per year.

$4,333/Year

Students Taking Out Loans

9%

Loan Default Rate

12.8%

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