Sweet Briar College Financial Aid and Scholarships
Students Receiving Aid
85%
Total Aid Amount
$8.086M
Financial Aid Official Website
www.sbc.edu/financial-aid
Students can avail of scholarships provided by the college, such as Academic Scholarships, Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, and Marie L. Rose Scholarship, if they find educational expenses to be on the higher side. Notably, 99% of the students at Sweet Briar College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,232,293. For additional information about financial assistance schemes, one can head over to SBC’s financial aid page at http://www.sbc.edu/financial-aid. Notably, a total of 28% of the applicants to Sweet Briar College receive the Federal Grant every year. Meanwhile, 98% of the applicants receive the Student Grant and 93% are awarded the Institution Grant, while 28% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,695, and the same stands at $2,901 for State Grant awardees and $9,655 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,564. 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 $31,889 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $35,146, while those falling in the $48,001-$75,000 income category get $33,953 a year. On the other hand, the average federal aid stands at $30,194 for those with an annual family income between $75,001 and $110,000, and at $28,118 for an income more than $110,000. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Sweet Briar College, the percentage of candidates who opt to avail of student loans is around 61%.
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