$4,133

Avg. Federal Grant

$4,324

Avg. Federal Loan

$6,145,430

Total Aid Awarded

Big Bend Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$6.145M

Financial Aid Official Website

https://www.bigbend.edu/admissions/financial-aid/

Such schemes include American Indian Endowed Scholarship, Bess Mikalson, Bobbi McCallum Scholarship, and DPMA/pc Scholarship. Notably, 70% of the students at Big Bend Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,219,722. At BBCC, the total percentage of applicants who receive the Federal Grant stands at 50%. In comparison, 63% of the students are awarded the Student Grant, 38% get the Institution Grant, and 50% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,343, while the same comes to $3,417 for State Grant receivers and $963 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,093. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 10% of the applicants to Big Bend Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

52%

State Grant Aid

40%

Institution Grant Aid

41%

Pell Grant

52%

Average Aid Awarded

Federal Grant Aid

$4,133

State Grant Aid

$3,331

Institution Grant Aid

$891

Pell Grant

$4,001

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,690

$30,001 - $48,000

$6,968

$48,001 - $75,000

$4,926

$75,001 - $110,000

$48

Over $110,000

N/A

Student Loans for Big Bend Community College

Average Loan Amount Average Loan Amount received per year.

$4,899/Year

Students Taking Out Loans

13%

Loan Default Rate

18.6%

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