Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $5,131 and the average loan amount is $5,084. The average financial aid amount is 82.86% of tuition & fees based on out-of-state rate (tuition & fees: $6,192).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid4,928 98%$25,286,010$5,131
Pell Grants2,269 45%$9,124,131$4,021
Federal Students Loans809 16%$4,113,212$5,084

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 571 students have received one or more types of financial aid at Somerset Community College.
The average amount of federal, state, local or institutional grant aid is $8,982 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,040.
The following table shows the financial data by type of aid at Somerset Community College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid571100%--
Grant or scholarship aid571 100%$5,128,942$8,982
Federal Grants567 99%$3,290,337$5,803
Pell Grants401 70%$1,899,715$4,737
Other Federal Grants561 98%$1,390,622$2,479
State/Local Grants528 92%$1,345,976$2,549
Institutional Grants234 41%$492,629$2,105
Student Loans72 13%$290,888$4,040
Federal Student Loans72 13%$290,888$4,040
Other Student Loans0 0%$0$0

Financial Aid by Income Level

The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Somerset Community College.
Income Level# of Students# of Students Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
All Income Level--$3,114,064$7,540
0 - $30,000250 250$1,982,435$7,930
$30,001 - $48,00077 77$598,783$7,776
$48,001 - $75,00062 62$426,918$6,886
$75,001 - $110,00019 19$83,562$4,398
$110,001 - more5 5$22,366$4,473

Paid Tuition Rates by Residency

At Somerset Community College, for the first-time/full-time students, 564 students have paid in-state rate of tuition and 7 students have paid out-of-state tuition rate.
# of Students
In-District Rate0
In-State Rate564
Out-of-State Rate7
Un-known0

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