"My family does not have the ability to fund my educational pursuits, so federal and state aid along with institutional grants have made it possible for me to receive a high-quality education from knowledgeable and passionate professors in small class settings"
Institutional grant aid are funds raised by the campus annually and provided to the student with no expectation of repayment. The majority of student aid at GICA member institutions come from this source.
From 1983 to the present, independent colleges and universities continue to provide affordable, high quality education. Over the past decade, the published tuition and fees at public four-year institutions have increased twice as fast, (50 percent) as at independent colleges and universities (25 percent)
Nationally, students at independent colleges receive three times the amount of institutional aid as do students at public universities and five times as much as students at for-profit institutions. Independent, not for profit colleges and universities are dedicated to providing high quality education that is affordable to all.
A review of default rates on student loans for graduates of For Profit, Public and Not For Profit Colleges in 2011 and 2012. For Profit schools have the highest default rate while non profit colleges have the lowest rates.
The ACCEL program provides an opportunity for students at eligible high schools to take college level coursework for credit towards both high school and college graduation, giving them a head start on college success. More than 7,000 Georgia high school students used the ACCEL program to take college level coursework in FY2013.
GICA member institutions partner with the State of Georgia to provide college-level courses to the brightest high school students. 18% of ACCEL students chose GICA institutions for their coursework. This means 1,305 high school students are already taking advantage of the availability of a private college close to home.
The majority of student aid at GICA member colleges & universities comes from institutional grant aid. More than half of a first-time, full-time student’s financial aid package comes from funds raised by the campus and provided to the student with no expectation of repayment. In 2011-2012, more than $85 million dollars in institutional grant aid was dispersed to students.