$2,838

Avg. Federal Grant

$7,647

Avg. Federal Loan

$710,000

Total Aid Awarded

International Business College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$710.000K

Financial Aid Official Website

www.ibcelpaso.edu

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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

90%

State Grant Aid

12%

Institution Grant Aid

79%

Pell Grant

90%

Average Aid Awarded

Federal Grant Aid

$2,838

State Grant Aid

$2,000

Institution Grant Aid

$985

Pell Grant

$2,838

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,481

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for International Business College

Average Loan Amount Average Loan Amount received per year.

$7,647/Year

Students Taking Out Loans

83%

Loan Default Rate

N/A

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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