by our College Data Analytics TeamThe majority of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Black Hawk College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will BHC deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Black Hawk College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Black Hawk College, 80% of new full-time first-years were awarded at least some aid around 399 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $6,850 |
| Institutional grants & scholarships | 43% | $3,292 |
| Federal Pell grants | 44% | $6,253 |
| State/local grants | 37% | $2,261 |
| Federal student loans | 14% | $4,761 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 39% of undergraduate students received gift aid averaging $7,066 (for some 1494 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $7,066 |
| Federal Pell grants | 27% | $6,280 |
| Federal student loans | 6% | $4,750 |
For students living on campus and receiving title-IV aid, grants averaged $5,347.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,692 |
| $30,001 – $75,000 | $6,622 |
| Over $75,000 | $11,053 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,944 |
| Off-campus title-IV students | $6,718 |
To project your own net price, use BHC’s official net price calculator: www.bhc.edu/paying-for-college/tuition-and-payments/.
Graduating students at BHC carry a median federal student debt of $5,302 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,302 |
| Median federal debt (graduates only) | $8,375 |
| Typical 10-year monthly payment (graduates) | $88.79/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. The four reference points below map the debt distribution at BHC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,312 |
| 25th percentile | $2,175 |
| 75th percentile | $7,336 |
| 90th percentile (highest-debt students) | $11,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $4,316 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,000 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,250 |
| Independent students | $5,677 |
These indicators are derived from the underlying debt data and summarize the overall picture at BHC.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at BHC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6052 |
| Total Stafford loan amount | $34,599,709 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 34 |
| Total GI Bill amount | $86,874 |
| Average GI Bill amount per recipient | $2,555 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $4,411 |
| Average DoD amount per recipient | $735 |
References
More about our data sources and methodologies.