Financial Aid at SCC

Financial Aid Amount Received

$4,119 (66.52% of tuition)

Percent of Financial Aid Received

94% of 5,529 students

5,204 undergraduate students (94% of all students) have received grants, scholarships, and/or federal student loans at Somerset Community College. The percentage of students who received financial aid higher compared to Public, 2-4 Years Colleges in Kentucky.

Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $4,119 and the average loan amount is $5,356. The average financial aid amount is 66.52% of tuition & fees based on out-of-state rate (tuition & fees: $6,192).

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or scholarship aid	5,204	94%	$21,436,631	$4,119
Pell Grants	2,401	43%	$10,402,986	$4,333
Federal Students Loans	882	16%	$4,723,851	$5,356

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), 649 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 $7,557 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,381.

The following table shows the financial data by type of aid at Somerset Community College.

First-time Undergraduate Financial Aid by Type

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	653	98%	-	-
Grant or scholarship aid	649	97%	$4,904,732	$7,557
Federal Grants	460	69%	$2,659,680	$5,782
Pell Grants	458	69%	$2,447,228	$5,343
Other Federal Grants	293	44%	$212,452	$725
State/Local Grants	631	95%	$1,871,139	$2,965
Institutional Grants	142	21%	$373,913	$2,633
Student Loans	82	12%	$359,267	$4,381
Federal Student Loans	82	12%	$359,267	$4,381
Other Student Loans	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 Aid	Total Amount of Aid Received	Average Amount of Aid Received
All Income Level	-	-	$4,087,323	$8,551
0 - $30,000	302	302	$2,814,404	$9,319
$30,001 - $48,000	78	77	$679,921	$8,717
$48,001 - $75,000	69	68	$485,211	$7,032
$75,001 - $110,000	20	18	$87,310	$4,366
$110,001 - more	9	9	$20,477	$2,275

Paid Tuition Rates by Residency

At Somerset Community College, for the first-time/full-time students, 664 students have paid in-state rate of tuition and 2 students have paid out-of-state tuition rate.