$4,632

Avg. Federal Grant

$4,907

Avg. Federal Loan

$25,020,414

Total Aid Awarded

Santa Barbara City College (SBCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

46%

Total Aid Amount Average Total Aid Awarded per year.

$25.020M

Financial Aid Official Website

www.sbcc.edu/financialaid/

There are many ways to pay for college. Federal aid, loans, grants, scholarships and student jobs can make college more affordable and accessible to students. The office of Santa Barbara  City College works tirelessly to facilitate the students with all kinds of financial assistance.The total financial aid provided is $25,020,414.

Around 46% of the Undergraduate students have received financial aid with the average aid being $4,769.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

21%

State Grant Aid

32%

Institution Grant Aid

14%

Pell Grant

21%

Average Aid Awarded

Federal Grant Aid

$4,632

State Grant Aid

$1,732

Institution Grant Aid

$1,490

Pell Grant

$4,539

Santa Barbara City College’s financial aid includes Federal Grants, Pell Grants, State grants and Institutional grants, with State grants having the highest percentage contribution of 32% with the average aid amount being $1,732.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,979

$30,001 - $48,000

$7,484

$48,001 - $75,000

$4,304

$75,001 - $110,000

$1,694

Over $110,000

$501

As per the data from Santa Barbara City College’s financial aid office, lower the family income higher is the amount of financial aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $7,979 while those with family income over $110,000 can expect to receive an aid amount of $501. This ensures that the bulk of the money is flowing towards those who need it the most.

Student Loans for Santa Barbara City College (SBCC)

Average Loan Amount Average Loan Amount received per year.

$4,907/Year

Students Taking Out Loans

10%

Loan Default Rate

12.6%

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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