$5,755

Avg. Federal Grant

$5,983

Avg. Federal Loan

$16,908,802

Total Aid Awarded

Briar Cliff University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

88%

Total Aid Amount Average Total Aid Awarded per year.

$16.909M

Financial Aid Official Website

www.briarcliff.edu/financial-aid/academic-costs/

Such schemes include Academic Achievement Scholarship, All Iowa Opportunity Foster Care Grant, August & Edna Zahatko Scholarship, and Bill & Hilda Macomber Alta Kahl Scholarship. It is interesting to note that, every year, around 72% of students at BCU receive some kind of financial aid, while the total amount of assistance/loans provided is $4,651,811. At BCU, the total percentage of applicants who receive the Federal Grant stands at 33%. In comparison, 72% of the students are awarded the Student Grant, 72% get the Institution Grant, and 31% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,541, while the same comes to $6,113 for State Grant receivers and $20,088 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,181. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At BCU, an estimated number of 57% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

32%

Institution Grant Aid

100%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$5,755

State Grant Aid

$6,671

Institution Grant Aid

$18,737

Pell Grant

$4,722

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$26,629

$30,001 - $48,000

$25,220

$48,001 - $75,000

$23,793

$75,001 - $110,000

$21,305

Over $110,000

$22,591

Student Loans for Briar Cliff University

Average Loan Amount Average Loan Amount received per year.

$7,292/Year

Students Taking Out Loans

94%

Loan Default Rate

10.5%

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