N/A

Avg. Federal Grant

$4,050

Avg. Federal Loan

$2,691,851

Total Aid Awarded

Bellin College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$2.692M

Financial Aid Official Website

https://www.bellincollege.edu/admissions/financial-aid-and-scholarships/

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,736,597. One can visit BC's financial aid page at https://www.bellincollege.edu/admissions/financial-aid-and-scholarships/ for more information. Notably, a total of 19% of the applicants to Bellin College receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 98% receive the Institution Grant, and 19% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $2,653, while the same comes to $2,300 for State Grant receivers and $2,583 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,615. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $9,707 in a year. The average aid amount stands at $6,932 for an annual family income between $30,001 and $48,000. This amount comes to $8,749 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $2,359 for those with an annual family income between $75,001 and $110,000, and at $1,000 for an income more than $110,000. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Bellin College, the percentage of candidates who opt to avail of student loans is around 45%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

N/A

State Grant Aid

3%

Institution Grant Aid

100%

Pell Grant

N/A

Average Aid Awarded

Federal Grant Aid

N/A

State Grant Aid

$1,405

Institution Grant Aid

$2,419

Pell Grant

N/A

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

N/A

$30,001 - $48,000

N/A

$48,001 - $75,000

$1,750

$75,001 - $110,000

$5,885

Over $110,000

$750

Student Loans for Bellin College

Average Loan Amount Average Loan Amount received per year.

$6,450/Year

Students Taking Out Loans

29%

Loan Default Rate

1.8%

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