CBD College Financial Aid and Scholarships
Students Receiving Aid
62%
Total Aid Amount
$2.608M
Financial Aid Official Website
www.cbd.edu/financial-aid/
As many as 78% of the students at CC get some sort of financial aid, and the total amount of assistance/loans provided is more than $6,534,315 in a year. For additional information about financial assistance schemes, one can head over to CC’s financial aid page at http://www.cbd.edu/financial-aid/. The total percentage of candidates applying to CBD College who receive the Federal Grant is 58%. In comparison, 59% of the students get the Student Grant, and 57% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,529. 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 $4,192 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $2,808, while those falling in the $48,001-$75,000 income category get $1,323 a year. 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. Candidates are also required to repay these loans within a given period. Every year, around 78% of the applicants to CBD College opt for student loans.