Financial Aid at SCC

Financial Aid Amount Received

$5,131 (82.86% of tuition)

Percent of Financial Aid Received

98% of 5,529 students

4,928 undergraduate students (98% of all students) have received grants, scholarships, and/or federal student loans at Somerset Community College. The percentage of students who received financial aid much higher compared to Public, 2-4 Years Colleges in Kentucky.

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 Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or scholarship aid	4,928	98%	$25,286,010	$5,131
Pell Grants	2,269	45%	$9,124,131	$4,021
Federal Students Loans	809	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 Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	571	100%	-	-
Grant or scholarship aid	571	100%	$5,128,942	$8,982
Federal Grants	567	99%	$3,290,337	$5,803
Pell Grants	401	70%	$1,899,715	$4,737
Other Federal Grants	561	98%	$1,390,622	$2,479
State/Local Grants	528	92%	$1,345,976	$2,549
Institutional Grants	234	41%	$492,629	$2,105
Student Loans	72	13%	$290,888	$4,040
Federal Student Loans	72	13%	$290,888	$4,040
Other Student Loans	0	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	-	-	$3,114,064	$7,540
0 - $30,000	250	250	$1,982,435	$7,930
$30,001 - $48,000	77	77	$598,783	$7,776
$48,001 - $75,000	62	62	$426,918	$6,886
$75,001 - $110,000	19	19	$83,562	$4,398
$110,001 - more	5	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.