$4,973

Avg. Federal Grant

$3,743

Avg. Federal Loan

$10,102,051

Total Aid Awarded

Black hawk College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

38%

Total Aid Amount Average Total Aid Awarded per year.

$10.102M

Financial Aid Official Website

www.bhc.edu/admissions/paying-for-college/financial-aid/

It is interesting to note that, every year, around 57% of students at BHC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,859,352. At BHC, the total percentage of applicants who receive the Federal Grant stands at 32%. In comparison, 53% of the students are awarded the Student Grant, 30% get the Institution Grant, and 32% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,487, the State Grant receivers and Institution Grant beneficiaries get $1,360 and $1,474, respectively. On the other hand, the average aid received by the Pell Grant awardees is $5,378. 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. 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. At Black Hawk College, the percentage of candidates who opt to avail of student loans is around 13%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

19%

Institution Grant Aid

10%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,973

State Grant Aid

$1,742

Institution Grant Aid

$2,981

Pell Grant

$4,901

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,119

$30,001 - $48,000

$5,934

$48,001 - $75,000

$2,867

$75,001 - $110,000

$1,584

Over $110,000

$401

Student Loans for Black hawk College

Average Loan Amount Average Loan Amount received per year.

$3,743/Year

Students Taking Out Loans

18%

Loan Default Rate

14.4%

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