The majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
What financial aid options does PGCC offer, and what will you qualify for? Keep scrolling for answers.
Prince George’s Community College average financial aid offer for freshmen students is $5,606.00. Financial aid is provided to about 81% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Prince George’s Community College you could end up dealing with.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The numbers listed below make reference to help that is offered by Prince George’s Community College.
23% of new students (201 total) were given scholarships at Prince George’s Community College, averaging $3,421.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 55% of freshmen (479 total) received a federal grant, for about $5,296.00 a person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 28.08% | $6,500.00 |
Income 30k-48k | 13.70% | $5,973.00 |
Income 48k-75k | 9.82% | $4,175.00 |
Income 75k-110k | 2.63% | $1,851.00 |
Income 110k + | 0.80% | $745.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 876 undergraduate students at Prince George’s Community College around 81% (628 total) receive some form of grant aid. The typical amount awarded was $5,606.00.The majority of which come in the form of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.