Bismarck State College (BSC) Financial Aid and Scholarships
Students Receiving Aid
39%
Total Aid Amount
$5.793M
Financial Aid Official Website
https://bismarckstate.edu/admissions/PayingForCollege/ApplyingForAid/
Such schemes include Midwest Student Exchange Program, North Dakota Scholars Scholarship, and Western Undergraduate Exchange. As many as 80% of the students at BSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $6,047,627 in a year. More information regarding the financial assistance schemes can be accessed on BSC’s official financial aid page at https://bismarckstate.edu/admissions/PayingForCollege/ApplyingForAid/. Notably, a total of 26% of the applicants to Bismarck State College receive the Federal Grant every year. In comparison, 63% of the students are awarded the Student Grant, 23% get the Institution Grant, and 26% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,469, the State Grant receivers and Institution Grant beneficiaries get $1,827 and $1,739, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,102. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 43% of the applicants to Bismarck State College opt for student loans.
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