Jamestown Business College (JBC) Financial Aid and Scholarships
Students Receiving Aid
98%
Total Aid Amount
$3.806M
Financial Aid Official Website
www.jbc.edu
It is interesting to note that, every year, around 96% of students at JBC receive some kind of financial aid, while the total amount of assistance/loans provided is $193,976. At JBC, the total percentage of applicants who receive the Federal Grant stands at 84%. In comparison, 95% of the students are awarded the Student Grant, 89% get the Institution Grant, and 84% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,649, while the same comes to $4,396 for State Grant receivers and $3,885 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $6,163. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Jamestown Business College, the percentage of candidates who opt to avail of student loans is around 2%.
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