$3,765

Avg. Federal Grant

$5,751

Avg. Federal Loan

$16,051,175

Total Aid Awarded

Barton College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$16.051M

Financial Aid Official Website

https://www.barton.edu/financial-aid/

It is interesting to note that almost every student at BC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $5,158,934. One can visit BC's financial aid page at https://www.barton.edu/financial-aid/ for more information. At BC, the total percentage of applicants who receive the Federal Grant stands at 43%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 43% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,916, while the same comes to $5,245 for State Grant receivers and $16,594 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,549. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $20,342 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $23,033, while those falling in the $48,001-$75,000 income category get $18,608 a year. Those with an annual income level of $75,001-$110,000 would receive $17,472, while candidates with more than $110,000 of family income receive an average federal aid of $17,105. 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. Candidates are also required to repay these loans within a given period. Every year, around 81% of the applicants to Barton College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

65%

State Grant Aid

46%

Institution Grant Aid

99%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$3,765

State Grant Aid

$4,986

Institution Grant Aid

$16,782

Pell Grant

$4,609

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$23,528

$30,001 - $48,000

$22,787

$48,001 - $75,000

$22,272

$75,001 - $110,000

$17,790

Over $110,000

$17,288

Student Loans for Barton College

Average Loan Amount Average Loan Amount received per year.

$6,887/Year

Students Taking Out Loans

81%

Loan Default Rate

11.1%

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