Santa Barbara Business College Financial Aid and Scholarships
Students Receiving Aid
93%
Total Aid Amount
$2.279M
Financial Aid Official Website
sbbcollege.edu
Among them are scholarship programs such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. It is interesting to note that almost every student at SBBCB receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $1,279,302. At SBBCB, the total percentage of applicants who receive the Federal Grant stands at 95%. In comparison, 95% of the students get the Student Grant, and 95% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,084. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Santa Barbara Business College-Bakersfield, the percentage of candidates who opt to avail of student loans is around 86%.
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