$4,208

Avg. Federal Grant

$3,954

Avg. Federal Loan

$5,109,278

Total Aid Awarded

BridgeValley Community & Technical College (BVCTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

53%

Total Aid Amount Average Total Aid Awarded per year.

$5.109M

Financial Aid Official Website

www.bridgevalley.edu/financial-aid

Among them are scholarship programs such as Dr. Joseph C. Basile II Memorial Scholarship, Mary E. (Nalbach) Huseby Memorial Scholarship, and Mary T. Price Scholarship. Notably, 85% of the students at BridgeValley Community & Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,518,839. At BCTC, the total percentage of applicants who receive the Federal Grant stands at 62%. In comparison, 76% of the students are awarded the Student Grant, 6% get the Institution Grant, and 62% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,343, and the same stands at $2,581 for State Grant awardees and $2,542 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,056. 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. 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. At BridgeValley Community & Technical College, the percentage of candidates who opt to avail of student loans is around 34%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

41%

Institution Grant Aid

9%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$4,208

State Grant Aid

$2,632

Institution Grant Aid

$2,250

Pell Grant

$4,165

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,055

$30,001 - $48,000

$3,861

$48,001 - $75,000

$3,306

$75,001 - $110,000

$659

Over $110,000

$429

Student Loans for BridgeValley Community & Technical College (BVCTC)

Average Loan Amount Average Loan Amount received per year.

$3,954/Year

Students Taking Out Loans

31%

Loan Default Rate

17.9%

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