$6,009

Avg. Federal Grant

$6,323

Avg. Federal Loan

$6,407,423

Total Aid Awarded

Bennett College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$6.407M

Financial Aid Official Website

www.bennett.edu/admissions/financial-aid/

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 $2,591,902. Notably, a total of 80% of the applicants to Bennett College receive the Federal Grant every year. Meanwhile, 80% of the applicants receive the Student Grant and 79% are awarded the Institution Grant, while 80% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,124, the State Grant receivers and Institution Grant beneficiaries get $4,296 and $15,087, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,827. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 91% of the applicants to Bennett College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

87%

State Grant Aid

60%

Institution Grant Aid

98%

Pell Grant

86%

Average Aid Awarded

Federal Grant Aid

$6,009

State Grant Aid

$4,395

Institution Grant Aid

$6,485

Pell Grant

$5,714

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$15,393

$30,001 - $48,000

$14,671

$48,001 - $75,000

$10,229

$75,001 - $110,000

$7,727

Over $110,000

$7,450

Student Loans for Bennett College

Average Loan Amount Average Loan Amount received per year.

$6,413/Year

Students Taking Out Loans

97%

Loan Default Rate

15.7%

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