$5,394

Avg. Federal Grant

$5,986

Avg. Federal Loan

$8,461,387

Total Aid Awarded

Bellingham Technical College (BTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

57%

Total Aid Amount Average Total Aid Awarded per year.

$8.461M

Financial Aid Official Website

www.btc.edu/CurrentStudents/FinancialResources/indexFinancialResources.aspx

Students can avail of scholarships provided by the college, such as American Indian Endowed Scholarship, Bobbi McCallum Scholarship, DPMA/pc Scholarship, and LeMaster/Auvil Scholarship, if they find educational expenses to be on the higher side. Notably, 50% of the students at Bellingham Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,141,326. For additional information about financial assistance schemes, one can head over to BTC’s financial aid page at http://www.btc.edu/CurrentStudents/FinancialResources/indexFinancialResources.aspx. At BTC, the total percentage of applicants who receive the Federal Grant stands at 50%. In comparison, 50% of the students are awarded the Student Grant, 17% get the Institution Grant, and 50% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,286. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 17% of the applicants to Bellingham Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

33%

Institution Grant Aid

36%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$5,394

State Grant Aid

$4,119

Institution Grant Aid

$735

Pell Grant

$5,005

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,373

$30,001 - $48,000

$5,500

$48,001 - $75,000

$5,679

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Bellingham Technical College (BTC)

Average Loan Amount Average Loan Amount received per year.

$5,986/Year

Students Taking Out Loans

18%

Loan Default Rate

17.1%

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