$5,490

Avg. Federal Grant

$6,613

Avg. Federal Loan

$42,553,272

Total Aid Awarded

Bethune Cookman University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$42.553M

Financial Aid Official Website

www.cookman.edu/financial_aid/index.html

As many as 97% of the students at BCU get some sort of financial aid, and the total amount of assistance/loans provided is more than $20,863,321 in a year. One can visit BCU's financial aid page at http://www.cookman.edu/financial_aid/index.html for more information. At BCU, the total percentage of applicants who receive the Federal Grant stands at 81%. Meanwhile, 94% of the applicants receive the Student Grant and 49% are awarded the Institution Grant, while 81% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,562, and the same stands at $4,722 for State Grant awardees and $7,489 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,088. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $10,473 in a year. The average aid amount stands at $10,189 for an annual family income between $30,001 and $48,000. This amount comes to $7,077 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $6,496. And, for those with a family income of more than $110,000, the amount stands at $6,232. 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 85% of the applicants to Bethune-Cookman University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

83%

State Grant Aid

71%

Institution Grant Aid

88%

Pell Grant

82%

Average Aid Awarded

Federal Grant Aid

$5,490

State Grant Aid

$4,417

Institution Grant Aid

$5,331

Pell Grant

$5,301

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,769

$30,001 - $48,000

$12,757

$48,001 - $75,000

$9,414

$75,001 - $110,000

$7,655

Over $110,000

$7,164

Student Loans for Bethune Cookman University

Average Loan Amount Average Loan Amount received per year.

$6,805/Year

Students Taking Out Loans

88%

Loan Default Rate

13%

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