Blake Austin College Financial Aid and Scholarships
Students Receiving Aid
67%
Total Aid Amount
$1.307M
Financial Aid Official Website
blakeaustincollege.edu
Notably, 89% of the students at Blake Austin College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,797,601. At BAC, the total percentage of applicants who receive the Federal Grant stands at 88%. In comparison, 89% of the students are awarded the Student Grant, 7% get the Institution Grant, and 67% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $3,630, the State Grant receivers and Institution Grant beneficiaries get $2,208 and $1,183, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,888. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. Every year, around 89% of the applicants to Blake Austin College opt for student loans.