$4,655

Avg. Federal Grant

$4,417

Avg. Federal Loan

$25,156,925

Total Aid Awarded

Bluegrass Community And Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$25.157M

Financial Aid Official Website

https://bluegrass.kctcs.edu/affording-college/index.aspx

Notably, 94% of the students at Bluegrass Community and Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,737,622. For additional information about financial assistance schemes, one can head over to BCTC’s financial aid page at https://bluegrass.kctcs.edu/affording-college/index.aspx. At BCTC, the total percentage of applicants who receive the Federal Grant stands at 55%. In comparison, 91% of the students are awarded the Student Grant, 5% get the Institution Grant, and 55% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,614, while the same comes to $1,910 for State Grant receivers and $2,605 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,718. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. Every year, around 28% of the applicants to Bluegrass Community and Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

77%

Institution Grant Aid

7%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,655

State Grant Aid

$1,826

Institution Grant Aid

$1,896

Pell Grant

$4,528

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,907

$30,001 - $48,000

$6,226

$48,001 - $75,000

$3,619

$75,001 - $110,000

$1,546

Over $110,000

$1,288

Student Loans for Bluegrass Community And Technical College

Average Loan Amount Average Loan Amount received per year.

$4,417/Year

Students Taking Out Loans

28%

Loan Default Rate

18.4%

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