Black Hills State University (BHSU) Financial Aid and Scholarships
Students Receiving Aid
46%
Total Aid Amount
$8.876M
Financial Aid Official Website
www.bhsu.edu/Admissions/Pay-for-College/Financial-Aid
Notably, 91% of the students at Black Hills State University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,149,600. More information regarding the financial assistance schemes can be accessed on BHSU’s official financial aid page at http://www.bhsu.edu/Admissions/Pay-for-College/Financial-Aid. At BHSU, the total percentage of applicants who receive the Federal Grant stands at 38%. On the other hand, 71% of the candidates get the Student Grant, 47% receive the Institution Grant, and 36% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,822, the State Grant receivers and Institution Grant beneficiaries get $1,364 and $2,696, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,286. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At BHSU, an estimated number of 69% of the applicants choose to go for student loans.
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