$4,119

Avg. Federal Grant

$7,117

Avg. Federal Loan

$2,607,984

Total Aid Awarded

CBD College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

60%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$4,119

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$3,965

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,102

$30,001 - $48,000

$3,025

$48,001 - $75,000

$1,275

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for CBD College

Average Loan Amount Average Loan Amount received per year.

$8,723/Year

Students Taking Out Loans

84%

Loan Default Rate

4.5%

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