Barclay College Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

Barclay College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

84%

Total Aid Amount Average Total Aid Awarded per year.

$1.470M

Financial Aid Official Website

www.barclaycollege.edu

Such schemes include Albert M. Lappin Scholarship, Hansen Leaders of Tomorrow, Hansen Scholar Award, and Hansen Student Scholarship. Interestingly, almost all of the students at BC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $550,074 in a year. For additional information about financial assistance schemes, one can head over to BC’s financial aid page at http://www.barclaycollege.edu. The total percentage of candidates applying to Barclay College who receive the Federal Grant is 55%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 55% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $2,533, the State Grant receivers and Institution Grant beneficiaries get $500 and $6,574, respectively. And, for the Pell Grant awardees, the average aid amount is $2,614. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $8,756 on average in a year. The average aid amount stands at $11,678 for an annual family income between $30,001 and $48,000. This amount comes to $6,202 for those who fall under the $48,001-$75,000 family income bracket. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Barclay College, the percentage of candidates who opt to avail of student loans is around 69%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

69%

State Grant Aid

17%

Institution Grant Aid

100%

Pell Grant

69%

Average Aid Awarded

Federal Grant Aid

$2,392

State Grant Aid

$500

Institution Grant Aid

$7,000

Pell Grant

$2,370

Knowing how many students are receiving these aids is significant, as it gives the students a clear understanding of what to expect from each type of aid they receive. Everyone is eligible for federal assistance when applying for university, but the vital point to raise is how much and to whom this help is granted.

When it comes to grants, students get the opportunity to take up different grants; federal, institutional, or state grants.

Around 69% of the students receive Federal Grant Aid, which amounts to an average of US$2,392.
69% of the students receive Pell Grants, which amount to an average of around US$2,370.
Approximately 17% of the students receive state grants at an average of around US$500.
100% of the students receive institutional grants, which amount to an average of around US$7,000.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,971

$30,001 - $48,000

$4,815

$48,001 - $75,000

$5,936

$75,001 - $110,000

$3,806

Over $110,000

$3,711

Understanding how many students receive these aids is significant, as it gives the students a clear understanding of what to expect from what type of aid they encounter. Everyone is eligible for federal assistance at the time they apply for university, but the important point to raise is how much and to whom that assistance is provided.

For a student who has a family income ranging from $0 - $30,000, the average federal aid provided is US$6,971, whereas a student having a family income ranging from $30,001 - $48,000 the average federal aid is US$4,815. The student who has a family income ranging from $48,001 - $75,000 the average federal aid provided is US$5,936, whereas the student having an annual income ranging from $75,001 - $110,000 the average federal provided is around US$3,860. And the student has a yearly income range greater than $110,000; the average federal aid provided is $3,711.

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