$4,953

Avg. Federal Grant

$3,243

Avg. Federal Loan

$91,351,291

Total Aid Awarded

Broward College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

56%

Total Aid Amount Average Total Aid Awarded per year.

$91.351M

Financial Aid Official Website

www.broward.edu/financialaid/Pages/default.aspx

As many as 73% of the students at BC get some sort of financial aid, and the total amount of assistance/loans provided is more than $18,765,117 in a year. For additional information about financial assistance schemes, one can head over to BC’s financial aid page at http://www.broward.edu/financialaid/Pages/default.aspx. Notably, a total of 62% of the applicants to Broward College receive the Federal Grant every year. On the other hand, 69% of the candidates get the Student Grant, 6% receive the Institution Grant, and 62% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,059, the State Grant receivers and Institution Grant beneficiaries get $1,447 and $1,467, respectively. And, for the Pell Grant awardees, the average aid amount is $3,696. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 Broward College, the percentage of candidates who opt to avail of student loans is around 12%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

64%

State Grant Aid

56%

Institution Grant Aid

6%

Pell Grant

63%

Average Aid Awarded

Federal Grant Aid

$4,953

State Grant Aid

$1,414

Institution Grant Aid

$1,405

Pell Grant

$4,909

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,354

$30,001 - $48,000

$4,479

$48,001 - $75,000

$2,206

$75,001 - $110,000

$363

Over $110,000

$385

Student Loans for Broward College

Average Loan Amount Average Loan Amount received per year.

$3,439/Year

Students Taking Out Loans

11%

Loan Default Rate

7%

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