$5,600

Avg. Federal Grant

$7,200

Avg. Federal Loan

$737,500

Total Aid Awarded

CBT College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$737.500K

Financial Aid Official Website

www.cbt.edu/financial-aid

It is interesting to note that almost every student at CBTCB receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $520,000. At CBTCB, the total percentage of applicants who receive the Federal Grant stands at 100%. On the other hand, 100% of the candidates get the Student Grant, 47% receive the Institution Grant, and 100% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,000, while the same comes to $1,305 for State Grant receivers and $800 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $5,500. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CBTCB, an estimated number of 100% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

64%

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$5,600

State Grant Aid

N/A

Institution Grant Aid

$800

Pell Grant

$5,600

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,500

$30,001 - $48,000

$6,900

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for CBT College

Average Loan Amount Average Loan Amount received per year.

$7,200/Year

Students Taking Out Loans

100%

Loan Default Rate

N/A

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