$4,204

Avg. Federal Grant

$4,302

Avg. Federal Loan

$5,861,409

Total Aid Awarded

Blue Ridge Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$5.861M

Financial Aid Official Website

https://www.brcc.edu/financial_aid/

Among them are scholarship programs such as Grace B. Etheredge Scholarship for BRCC, North Carolina Student Incentive Grant, and Triangle Scholarship Program. Notably, 72% of the students at Blue Ridge Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,015,330. The total percentage of candidates applying to Blue Ridge Community College who receive the Federal Grant is 53%. Meanwhile, 61% of the applicants receive the Student Grant and 13% are awarded the Institution Grant, while 52% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,148, and the same stands at $823 for State Grant awardees and $1,695 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,138. 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. 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. Every year, around 14% of the applicants to Blue Ridge Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

49%

Institution Grant Aid

12%

Pell Grant

56%

Average Aid Awarded

Federal Grant Aid

$4,204

State Grant Aid

$854

Institution Grant Aid

$1,644

Pell Grant

$4,165

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,192

$30,001 - $48,000

$4,928

$48,001 - $75,000

$3,799

$75,001 - $110,000

$1,349

Over $110,000

N/A

Student Loans for Blue Ridge Community College

Average Loan Amount Average Loan Amount received per year.

$4,246/Year

Students Taking Out Loans

15%

Loan Default Rate

16%

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