$5,444

Avg. Federal Grant

$5,562

Avg. Federal Loan

$19,297,297

Total Aid Awarded

Brookhaven College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

39%

Total Aid Amount Average Total Aid Awarded per year.

$19.297M

Financial Aid Official Website

www.brookhavencollege.edu/pc/fa/pages/default.aspx

Among them are scholarship programs such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. As many as 52% of the students at BC get some sort of financial aid, and the total amount of assistance/loans provided is more than $7,794,286 in a year. One can visit BC's financial aid page at http://www.brookhavencollege.edu/pc/fa/pages/default.aspx for more information. Notably, a total of 33% of the applicants to Brookhaven College receive the Federal Grant every year. Meanwhile, 48% of the applicants receive the Student Grant and 7% are awarded the Institution Grant, while 33% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,639, the State Grant receivers and Institution Grant beneficiaries get $1,650 and $1,451, respectively. And, for the Pell Grant awardees, the average aid amount is $4,941. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At BC, an estimated number of 8% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

35%

State Grant Aid

20%

Institution Grant Aid

3%

Pell Grant

35%

Average Aid Awarded

Federal Grant Aid

$5,444

State Grant Aid

$2,042

Institution Grant Aid

$1,301

Pell Grant

$5,439

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,035

$30,001 - $48,000

$5,213

$48,001 - $75,000

$3,767

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Brookhaven College

Average Loan Amount Average Loan Amount received per year.

$5,562/Year

Students Taking Out Loans

8%

Loan Default Rate

14%

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