$4,791

Avg. Federal Grant

$5,696

Avg. Federal Loan

$48,209,083

Total Aid Awarded

Bakersfield College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$48.209M

Financial Aid Official Website

www.bakersfieldcollege.edu/finaid/

Notably, 89% of the students at Bakersfield College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,158,967. One can visit BC's financial aid page at http://www.bakersfieldcollege.edu/finaid/ for more information. At BC, the total percentage of applicants who receive the Federal Grant stands at 60%. In comparison, 89% of the students are awarded the Student Grant, 7% get the Institution Grant, and 60% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,893, and the same stands at $2,371 for State Grant awardees and $530 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,886. 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. Candidates are also required to repay these loans within a given period. At Bakersfield College, the percentage of candidates who opt to avail of student loans is around 1%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

81%

Institution Grant Aid

5%

Pell Grant

61%

Average Aid Awarded

Federal Grant Aid

$4,791

State Grant Aid

$2,053

Institution Grant Aid

$961

Pell Grant

$4,717

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,114

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

$6,544

Student Loans for Bakersfield College

Average Loan Amount Average Loan Amount received per year.

$5,696/Year

Students Taking Out Loans

1%

Loan Default Rate

15.1%