OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Beloit College Financial Aid and Scholarships 2022

There is a private university in Beloit, WI called Beloit College. Beloit College occupies a total area of about 65 acres. In 1846, Beloit College was founded. Beloit College believes in imparting education and contributing to society by focusing on innovation, research, education, and commitment. The motto of the university is Scientia Vera Cum Fide Pura (Latin) and its official colors are blue and gold. Taking into account all the courses offered at Beloit College, the total enrolment stand

Beloit College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$38.785M

Financial Aid Official Website

www.beloit.edu/prospective/afford/

Interestingly, almost all of the students at BC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $4,250,083 in a year. For additional information about financial assistance schemes, one can head over to BC’s financial aid page at http://www.beloit.edu/prospective/afford/. At BC, the total percentage of applicants who receive the Federal Grant stands at 36%. Meanwhile, 100% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 36% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,669, while the same comes to $3,241 for State Grant receivers and $35,052 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,670. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $48,804 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $47,669, while those falling in the $48,001-$75,000 income category get $44,517 a year. Those with an annual income level of $75,001-$110,000 would receive $41,268, while candidates with more than $110,000 of family income receive an average federal aid of $35,868. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At BC, an estimated number of 69% of the applicants choose to go for student loans.

Minumum Credit Score	Apply in as little as	Variable APR	Fixed APR
Not Available	15 minutes or less	2.95	4.74	View disclosures
620	2 minutes	5.38%-16.99%¹	4.43%-16.99%¹	View disclosures
Not Available	15 minutes	1.13% - 11.23%¹ (with autopay)	3.50% - 12.60%¹ (with autopay)	View disclosures

Minumum Credit Score

Apply in as little as

Variable APR

Fixed APR

Not Available

15 minutes or less

2.95

4.74

View disclosures

620

2 minutes

5.38%-16.99%¹

4.43%-16.99%¹

View disclosures

Not Available

15 minutes

1.13% - 11.23%¹ (with autopay)

3.50% - 12.60%¹ (with autopay)

View disclosures

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#N/A

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