Broward College Financial Aid and Scholarships
Students Receiving Aid
56%
Total Aid Amount
$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%.
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