Goldey-Beacom College (GBC) Financial Aid and Scholarships
Students Receiving Aid
100%
Total Aid Amount
$14.617M
Financial Aid Official Website
www.gbc.edu/admissions/tuition-and-financial-aid/financial-aid.html
Such schemes include Carnegie Dartlet $10,000 Scholarship, Christa McAuliffe Teacher Scholarship Loan, Community Service Scholarship for Multicultural Students, and Delaware Nursing Incentive Scholarship Loan. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,867,144. One can visit GBC's financial aid page at http://www.gbc.edu/admissions/tuition-and-financial-aid/financial-aid.html for more information. Notably, a total of 52% of the applicants to Goldey-Beacom College receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 52% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,927, while the same comes to $421 for State Grant receivers and $18,458 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,744. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $23,703 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $24,520 and $22,902, respectively. Those with an annual income level of $75,001-$110,000 would receive $19,165, while candidates with more than $110,000 of family income receive an average federal aid of $20,157. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 52% of the applicants to Goldey-Beacom College opt for student loans.
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