$4,939

Avg. Federal Grant

$3,958

Avg. Federal Loan

$48,219,471

Total Aid Awarded

Bronx Community College (BCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$48.219M

Financial Aid Official Website

N/A

Notably, 88% of the students at CUNY Bronx Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,550,647. More information regarding the financial assistance schemes can be accessed on CBCC’s official financial aid page at http://www.brooklyn.cuny.edu/financialaid. At CBCC, the total percentage of applicants who receive the Federal Grant stands at 80%. In comparison, 86% of the students get the Student Grant, and 80% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,469. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 CBCC, an estimated number of 3% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

81%

State Grant Aid

70%

Institution Grant Aid

N/A

Pell Grant

81%

Average Aid Awarded

Federal Grant Aid

$4,939

State Grant Aid

$3,115

Institution Grant Aid

$1,142

Pell Grant

$4,883

The financial aid includes Federal Grants, Pell Grants, State grants, and Institutional grants, with Federal grants aid having the highest contribution of 81% with an average aid amount being $4,939.

Pell grants have a percentage of 81% with an average aid amount of $4,883 which is higher than the State grant aid average of $3,115.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,983

$30,001 - $48,000

$6,681

$48,001 - $75,000

$3,959

$75,001 - $110,000

$1,552

Over $110,000

$138

For the Federal-aid based on family income, the lower the family income the higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $7,983 while those with family income over $1,10,000 can expect to receive an aid amount of $138.This helps students who are coming from low-income homes to pay for their degrees.

Student Loans for Bronx Community College (BCC)

Average Loan Amount Average Loan Amount received per year.

$3,990/Year

Students Taking Out Loans

3%

Loan Default Rate

15.1%

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