Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $2,787 and the average loan amount is $7,030. The average financial aid amount is 21.76% of tuition & fees based on out-of-state rate (tuition & fees: $12,808).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid4,997 58%$13,926,539$2,787
Pell Grants1,364 16%$5,108,296$3,745
Federal Students Loans169 2%$1,188,096$7,030

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), 518 students have received one or more types of financial aid at Folsom Lake College.
The average amount of federal, state, local or institutional grant aid is $4,600 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,048.
The following table shows the financial data by type of aid at Folsom Lake College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid51974%--
Grant or scholarship aid518 74%$2,382,823$4,600
Federal Grants190 27%$1,402,850$7,383
Pell Grants177 25%$895,100$5,057
Other Federal Grants189 27%$507,750$2,687
State/Local Grants516 74%$966,948$1,874
Institutional Grants26 4%$13,025$501
Student Loans6 1%$30,288$5,048
Federal Student Loans6 1%$30,288$5,048
Other Student Loans0 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 Folsom Lake College.
Income Level# of Students# of Students Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
All Income Level--$1,508,728$8,572
0 - $30,00095 95$910,385$9,583
$30,001 - $48,00038 38$367,159$9,662
$48,001 - $75,00036 36$201,541$5,598
$75,001 - $110,0003 3$9,729$3,243
$110,001 - more4 4$19,914$4,979

Paid Tuition Rates by Residency

At Folsom Lake College, for the first-time/full-time students, 688 students have paid in-state rate of tuition and 10 students have paid out-of-state tuition rate.
# of Students
In-District Rate0
In-State Rate688
Out-of-State Rate10
Un-known0

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