$4,039

Avg. Federal Grant

$5,125

Avg. Federal Loan

$12,165,400

Total Aid Awarded

Bellevue University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

32%

Total Aid Amount Average Total Aid Awarded per year.

$12.165M

Financial Aid Official Website

www.bellevue.edu/admissions-tuition/financing-options/financial-aid

As many as 84% of the students at BU get some sort of financial aid, and the total amount of assistance/loans provided is more than $21,466,269 in a year. More information regarding the financial assistance schemes can be accessed on BU’s official financial aid page at http://www.bellevue.edu/admissions-tuition/financing-options/financial-aid. At BU, the total percentage of applicants who receive the Federal Grant stands at 49%. In comparison, 79% of the students are awarded the Student Grant, 54% get the Institution Grant, and 49% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,264, while the same comes to $767 for State Grant receivers and $7,249 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,017. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $6,515 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,477 and $2,967, respectively. Those with an annual income level of $75,001-$110,000 would receive $3,525, while candidates with more than $110,000 of family income receive an average federal aid of $763. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 40% of the applicants to Bellevue University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

23%

State Grant Aid

11%

Institution Grant Aid

71%

Pell Grant

23%

Average Aid Awarded

Federal Grant Aid

$4,039

State Grant Aid

$600

Institution Grant Aid

$8,458

Pell Grant

$3,914

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,163

$30,001 - $48,000

$5,397

$48,001 - $75,000

$7,059

$75,001 - $110,000

N/A

Over $110,000

$8,694

Student Loans for Bellevue University

Average Loan Amount Average Loan Amount received per year.

$5,125/Year

Students Taking Out Loans

34%

Loan Default Rate

6.4%

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