$4,610

Avg. Federal Grant

$5,605

Avg. Federal Loan

$11,940,198

Total Aid Awarded

Brevard College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$11.940M

Financial Aid Official Website

https://brevard.edu/faculty/office-of-financial-aid/

Interestingly, almost all of the students at BC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $3,173,277 in a year. One can visit BC's financial aid page at https://brevard.edu/faculty/office-of-financial-aid/ for more information. Notably, a total of 41% of the applicants to Brevard College receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 41% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,653, the State Grant receivers and Institution Grant beneficiaries get $4,911 and $15,123, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,768. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $22,839 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $22,205, while those falling in the $48,001-$75,000 income category get $19,924 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $15,477. And, for those with a family income of more than $110,000, the amount stands at $14,798. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At BC, an estimated number of 73% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

35%

Institution Grant Aid

100%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$4,610

State Grant Aid

$4,885

Institution Grant Aid

$14,888

Pell Grant

$4,503

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$20,189

$30,001 - $48,000

$15,363

$48,001 - $75,000

$17,528

$75,001 - $110,000

$17,500

Over $110,000

$17,750

Student Loans for Brevard College

Average Loan Amount Average Loan Amount received per year.

$7,113/Year

Students Taking Out Loans

71%

Loan Default Rate

11.9%

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