Bacone College Financial Aid and Scholarships
Students Receiving Aid
94%
Total Aid Amount
$9.626M
Financial Aid Official Website
www.bacone.edu/financial-aid/
Such schemes include American Society of Landscape Architects Scholarship, Capitol Hill High School Scholarship, Central High School Alumni Association Scholarship, and Dan Zanowiak Memorial Scholarship. It is interesting to note that, every year, around 97% of students at BC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,302,457. For additional information about financial assistance schemes, one can head over to BC’s financial aid page at http://www.bacone.edu/financial-aid/. The total percentage of candidates applying to Bacone College who receive the Federal Grant is 68%. Meanwhile, 97% of the applicants receive the Student Grant and 92% are awarded the Institution Grant, while 68% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,996, and the same stands at $2,686 for State Grant awardees and $8,415 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,152. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $9,984 on average in a year. The average aid amount stands at $7,649 for an annual family income between $30,001 and $48,000. This amount comes to $7,439 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $5,000, while candidates with more than $110,000 of family income receive an average federal aid of $4,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Bacone College, the percentage of candidates who opt to avail of student loans is around 86%.
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