$5,247

Avg. Federal Grant

$8,549

Avg. Federal Loan

$264,081

Total Aid Awarded

New Tyler Barber College Inc Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$264.081K

Financial Aid Official Website

newtylerbarbercollege.edu

As many as 91% of the students at NTBCI get some sort of financial aid, and the total amount of assistance/loans provided is more than $142,215 in a year. The total percentage of candidates applying to New Tyler Barber College Inc who receive the Federal Grant is 91%. In comparison, 91% of the students get the Student Grant, and 91% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,966. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Every year, around 64% of the applicants to New Tyler Barber College Inc opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

92%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

92%

Average Aid Awarded

Federal Grant Aid

$5,247

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,247

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,247

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for New Tyler Barber College Inc

Average Loan Amount Average Loan Amount received per year.

$8,549/Year

Students Taking Out Loans

58%

Loan Default Rate

17%

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