$5,000

Avg. Federal Grant

$6,217

Avg. Federal Loan

$22,318,228

Total Aid Awarded

Dominican College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$22.318M

Financial Aid Official Website

www.dc.edu/admissions/financial-aid-2/

Such schemes include Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Military Service Recognition Scholarships, and New York State Scholarship for Academic Excellence. It is interesting to note that almost every student at DCB receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $7,762,512. For additional information about financial assistance schemes, one can head over to DCB’s financial aid page at http://www.dc.edu/admissions/financial-aid-2/. Notably, a total of 55% of the applicants to Dominican College of Blauvelt receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 55% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,051, the State Grant receivers and Institution Grant beneficiaries get $2,853 and $17,548, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,502. 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 $27,458 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $25,895, while those falling in the $48,001-$75,000 income category get $20,562 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $19,382. And, for those with a family income of more than $110,000, the amount stands at $15,618. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At DCB, an estimated number of 75% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

55%

State Grant Aid

43%

Institution Grant Aid

100%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$5,000

State Grant Aid

$3,480

Institution Grant Aid

$17,238

Pell Grant

$4,777

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$24,941

$30,001 - $48,000

$23,811

$48,001 - $75,000

$23,588

$75,001 - $110,000

$17,657

Over $110,000

$15,196

Student Loans for Dominican College

Average Loan Amount Average Loan Amount received per year.

$7,787/Year

Students Taking Out Loans

76%

Loan Default Rate

8.2%

Other Colleges In New York

Siena College
Siena College

Loudonville, New York

Utica College
Utica College

Utica, New York

Other Private not-for-profit Colleges

Touro University Worldwide (TUW)
Touro University Worldwide (TUW)

Los Alamitos, California

Liberty University
Liberty University

Lynchburg, Virginia