Most students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Having said that, some kinds of aid will be more desireable than others, plus some students will get more aid than others. Figure out more below.
East Central Community College's typical financial aid plan for newly arriving first year students is $8,750. Around 90.0% of new students receive some financial aid, the majority of which is in the form of scholarships and grants.
Student loans are included in the umbrella of 'financial aid', even so the only true discount from the expense of college is a grant or scholarship that you don't need to repay.
Student debt ought to be thought of as an added expense instead of as "aid" or a "discount". Find more about student loan debt at East Central Community College.
These scholarships and grants consist of primarily federally provided grants, and some local and state grants. 67.0% of first years at East Central Community College (470 total) were awarded a federal grant, averaging $5,131. In addition to grants, 46.0% of first years (327 total) were given scholarships by the college, totaling $2,491 per student.
Check out the average quantity of grants and scholarships first years get by checking out the graph below.
Grants are normally based on need while scholarships are merit-based.
The next table displays scholarship and grant distributions by income for freshmen getting any form of federal Title IV assistance, such as Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 42.2% | $6,406 |
Income 30k-48k | 15.4% | $5,901 |
Income 48k-75k | 6.7% | $4,262 |
Income 75k-110k | 2.4% | $1,724 |
Income 110k + | 1.6% | $1,644 |
Education funding from the government available as loans, grants, and work-study is referred to as Title IV aid. Get more info on Title IV here..
Of the 2,603 undergrads at East Central Community College around 68.0% (1,769 in total) obtain some type of grant aid. The standard quantity awarded was $5,145. The most of which are in the form of Pell Grants.
Visit the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
Financial Aid Department Website | https://www.eccc.edu/financial-aid |
Net Price Calculator | my.eccc.edu/ics/clientconfig/NetPrice/npcalc.htm |