$5,346

Avg. Federal Grant

$4,948

Avg. Federal Loan

$5,985,160

Total Aid Awarded

Berkshire Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$5.985M

Financial Aid Official Website

https://www.berkshirecc.edu/paying-for-college/index.php

As many as 84% of the students at BCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,148,761 in a year. At BCC, the total percentage of applicants who receive the Federal Grant stands at 55%. On the other hand, 71% of the candidates get the Student Grant, 14% receive the Institution Grant, and 55% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,077, the State Grant receivers and Institution Grant beneficiaries get $2,085 and $1,460, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,892. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period. At BCC, an estimated number of 26% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

66%

State Grant Aid

74%

Institution Grant Aid

11%

Pell Grant

66%

Average Aid Awarded

Federal Grant Aid

$5,346

State Grant Aid

$1,354

Institution Grant Aid

$1,408

Pell Grant

$5,248

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,905

$30,001 - $48,000

$6,699

$48,001 - $75,000

$3,553

$75,001 - $110,000

$608

Over $110,000

$541

Student Loans for Berkshire Community College

Average Loan Amount Average Loan Amount received per year.

$4,948/Year

Students Taking Out Loans

24%

Loan Default Rate

11.7%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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