$4,077

Avg. Federal Grant

$4,539

Avg. Federal Loan

$13,900,355

Total Aid Awarded

Columbia Basin College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

42%

Total Aid Amount Average Total Aid Awarded per year.

$13.900M

Financial Aid Official Website

www.columbiabasin.edu/index.aspx?page=105

Notably, 65% of the students at Columbia Basin College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,652,632. The total percentage of candidates applying to Columbia Basin College who receive the Federal Grant is 46%. On the other hand, 56% of the candidates get the Student Grant, 14% receive the Institution Grant, and 45% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,244, and the same stands at $3,307 for State Grant awardees and $1,163 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,949. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CBC, an estimated number of 7% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

40%

Institution Grant Aid

12%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,077

State Grant Aid

$3,370

Institution Grant Aid

$1,060

Pell Grant

$4,058

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,969

$30,001 - $48,000

$6,922

$48,001 - $75,000

$4,669

$75,001 - $110,000

$780

Over $110,000

$301

Student Loans for Columbia Basin College

Average Loan Amount Average Loan Amount received per year.

$4,671/Year

Students Taking Out Loans

7%

Loan Default Rate

11.2%

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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