$5,021

Avg. Federal Grant

$4,474

Avg. Federal Loan

$13,335,581

Total Aid Awarded

Big Sandy Community and Technical College (BSCTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$13.336M

Financial Aid Official Website

https://bigsandy.kctcs.edu/affording-college/paying-for-college/index.aspx

The Big Sandy Community and Technical College (BSCTC)  Prestonsburg, Kentucky offer various opportunities to its students to make the college cost affordable, the BSCTC is focused towards providing quality and affordable education, few of the ways-

  • Federal and institutional grants 

  • Loans 

  • Institutional scholarships 

  • Work-study

They also offer third party scholarships to its students on the basis of merit and need basis to provide maximum help they can get, they also help their students to apply for FAFSA which is the first step towards receiving federal aid, the FAFSA code for the college is 001996.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

80%

State Grant Aid

83%

Institution Grant Aid

17%

Pell Grant

80%

Average Aid Awarded

Federal Grant Aid

$5,021

State Grant Aid

$2,144

Institution Grant Aid

$1,336

Pell Grant

$4,941

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants, and institutional grants, with federal grants having the highest contribution of 80% with an average aid amount being $5,021. To have a better understanding of financial aid please refer to the official website.

Pell grants have a percentage of 80% with an average aid amount of $4,941 which is higher than the State grant aid average of $2,144.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,494

$30,001 - $48,000

$6,792

$48,001 - $75,000

$4,544

$75,001 - $110,000

$2,138

Over $110,000

$1,086

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $7,494 while those with family income over $110,000 can expect to receive an aid amount of $1,086. This helps students who are coming from low-income homes to pay for their degrees.

Student Loans for Big Sandy Community and Technical College (BSCTC)

Average Loan Amount Average Loan Amount received per year.

$4,474/Year

Students Taking Out Loans

26%

Loan Default Rate

23.7%

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