Coastal Bend College Financial Aid and Scholarships
Students Receiving Aid
39%
Total Aid Amount
$4.773M
Financial Aid Official Website
www.coastalbend.edu/FinAid/
Students can avail of scholarships provided by the college, such as Abe and Annie Seibel Foundation Loan, Cecil E. Burney Scholarship, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, and Dr. Joseph Graham Fellowship for College Pro-Life Leaders, if they find educational expenses to be on the higher side. As many as 72% of the students at CBC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,470,227 in a year. For additional information about financial assistance schemes, one can head over to CBC’s financial aid page at http://www.coastalbend.edu/FinAid/. The total percentage of candidates applying to Coastal Bend College who receive the Federal Grant is 58%. Meanwhile, 65% of the applicants receive the Student Grant and 21% are awarded the Institution Grant, while 58% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,928, the State Grant receivers and Institution Grant beneficiaries get $2,565 and $1,240, respectively. And, for the Pell Grant awardees, the average aid amount is $5,743. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CBC, an estimated number of 14% of the applicants choose to go for student loans.
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