As many as 84% of the students at BCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,148,761 in a year. At BCC, the total percentage of applicants who receive the Federal Grant stands at 55%. On the other hand, 71% of the candidates get the Student Grant, 14% receive the Institution Grant, and 55% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,077, the State Grant receivers and Institution Grant beneficiaries get $2,085 and $1,460, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,892. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. At BCC, an estimated number of 26% of the applicants choose to go for student loans.