$4,798

Avg. Federal Grant

$4,977

Avg. Federal Loan

$27,174,130

Total Aid Awarded

Butte College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$27.174M

Financial Aid Official Website

www.butte.edu/financialaid/

Notably, 91% of the students at Butte College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,478,946. More information regarding the financial assistance schemes can be accessed on BC’s official financial aid page at http://www.butte.edu/financialaid/. The total percentage of candidates applying to Butte College who receive the Federal Grant is 50%. On the other hand, 91% of the candidates get the Student Grant, 17% receive the Institution Grant, and 50% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,831, and the same stands at $2,169 for State Grant awardees and $380 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,812. 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. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Butte College, the percentage of candidates who opt to avail of student loans is around 4%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

68%

Institution Grant Aid

16%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,798

State Grant Aid

$2,284

Institution Grant Aid

$451

Pell Grant

$4,697

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,098

$30,001 - $48,000

$7,803

$48,001 - $75,000

$4,661

$75,001 - $110,000

$2,233

Over $110,000

$488

Student Loans for Butte College

Average Loan Amount Average Loan Amount received per year.

$4,977/Year

Students Taking Out Loans

4%

Loan Default Rate

17.9%

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