OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Benedict College Financial Aid and Scholarships 2022

Benedict College is a private, Baptist university located in Columbia, South Carolina. Benedict College is home to an ethnically diverse student body. At BC around 91% are Black or African American, 4% belong to an unknown race or ethnicity, and 3% belong to Hispanic ethnicity. Further, around 94% of the students are 24 and under. When it comes to gender distribution at the varsity, around 55% of the students are females and 45% are males. The college has produced several achievers in its man

Benedict College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

93%

Total Aid Amount Average Total Aid Awarded per year.

$22.378M

Financial Aid Official Website

www.benedict.edu/cms/?q=financial_aid

Among them are scholarship programs such as C.G. Fuller Foundation Scholarship, LinkScholars Program, Palmetto Fellows Scholarship, and South Carolina HOPE Scholarship. It is interesting to note that almost every student at BC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $12,663,895. Notably, a total of 83% of the applicants to Benedict College receive the Federal Grant every year. Meanwhile, 98% of the applicants receive the Student Grant and 81% are awarded the Institution Grant, while 83% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,534, and the same stands at $4,798 for State Grant awardees and $9,309 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,222. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 66% of the applicants to Benedict College opt 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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