$4,270

Avg. Federal Grant

$7,821

Avg. Federal Loan

$4,895,356

Total Aid Awarded

Bryn Athyn College of the New Church Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$4.895M

Financial Aid Official Website

www.brynathyn.edu/costs-and-financial-aid/financial-aid/

Interestingly, almost all of the students at BACNC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $2,076,266 in a year. One can visit BACNC's financial aid page at http://www.brynathyn.edu/costs-and-financial-aid/financial-aid/ for more information. At BACNC, the total percentage of applicants who receive the Federal Grant stands at 45%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 45% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,554, the State Grant receivers and Institution Grant beneficiaries get $3,284 and $10,255, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,732. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $18,666 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $14,622, while those falling in the $48,001-$75,000 income category get $13,109 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $11,739. And, for those with a family income of more than $110,000, the amount stands at $6,033. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At BACNC, an estimated number of 67% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

35%

Institution Grant Aid

76%

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$4,270

State Grant Aid

$3,120

Institution Grant Aid

$12,026

Pell Grant

$4,655

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,502

$30,001 - $48,000

$6,900

$48,001 - $75,000

$2,717

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Bryn Athyn College of the New Church

Average Loan Amount Average Loan Amount received per year.

$8,783/Year

Students Taking Out Loans

76%

Loan Default Rate

10.7%

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