by our College Data Analytics TeamA large number of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Bel-Rea Institute of Animal Technology can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can Bel-Rea Intitute offer, and what will you qualify for? Keep reading for more information. Keep going to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Bel-Rea Institute of Animal Technology.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Bel-Rea Institute of Animal Technology, 96% of first-time, full-time freshmen received some form of financial aid roughly 27 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $6,783 |
| Institutional grants & scholarships | 36% | $2,438 |
| Federal Pell grants | 68% | $6,271 |
| State/local grants | 0% | — |
| Federal student loans | 96% | $5,945 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, around 52% of undergraduate students received gift aid averaging $6,110 (for some 84 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $6,110 |
| Federal Pell grants | 38% | $6,443 |
| Federal student loans | 75% | $8,320 |
For on-campus title-IV students, average grant aid came to $5,138.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,336 |
| $30,001 – $75,000 | $24,347 |
| Over $75,000 | $29,546 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,905 |
| Off-campus title-IV students | $24,961 |
For a customized cost estimate, visit Bel-Rea Intitute’s online cost calculator: www.belrea.edu/?q=degreeProgram.
The median student at Bel-Rea Intitute graduates with $11,666 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,666 |
| Median federal debt (graduates only) | $20,372 |
| Typical 10-year monthly payment (graduates) | $215.98/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Bel-Rea Intitute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,384 |
| 75th percentile | $28,363 |
| 90th percentile (highest-debt students) | $34,080 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $11,903 |
| High income | $12,288 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $14,200 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,168 |
| Independent students | $13,842 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Bel-Rea Intitute.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Bel-Rea Intitute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4060 |
| Total Stafford loan amount | $74,973,492 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $40,634 |
| Average GI Bill amount per recipient | $10,159 |
References
More about our data sources and methodologies.