International Business College-Fort Wayne Financial Aid and Scholarships
Students Receiving Aid
74%
Total Aid Amount
$991.064K
Financial Aid Official Website
www.ibcfortwayne.edu/aid
As many as 95% of the students at IBCFW get some sort of financial aid, and the total amount of assistance/loans provided is more than $788,050 in a year. At IBCFW, the total percentage of applicants who receive the Federal Grant stands at 65%. Meanwhile, 76% of the applicants receive the Student Grant and 22% are awarded the Institution Grant, while 65% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,095, while the same comes to $3,487 for State Grant receivers and $706 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,024. 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. Candidates are also required to repay these loans within a given period. At IBCFW, an estimated number of 91% of the applicants choose to go for student loans.
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