Bellin College Financial Aid and Scholarships
Students Receiving Aid
87%
Total Aid Amount
$2.692M
Financial Aid Official Website
https://www.bellincollege.edu/admissions/financial-aid-and-scholarships/
Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,736,597. One can visit BC's financial aid page at https://www.bellincollege.edu/admissions/financial-aid-and-scholarships/ for more information. Notably, a total of 19% of the applicants to Bellin College receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 98% receive the Institution Grant, and 19% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $2,653, while the same comes to $2,300 for State Grant receivers and $2,583 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,615. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Those with a family income below $30,000 per annum, would get an average federal aid of $9,707 in a year. The average aid amount stands at $6,932 for an annual family income between $30,001 and $48,000. This amount comes to $8,749 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $2,359 for those with an annual family income between $75,001 and $110,000, and at $1,000 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Bellin College, the percentage of candidates who opt to avail of student loans is around 45%.