by our College Data Analytics TeamThe total cost of attendance at Bluegrass Community and Technical College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Discover the financial aid possibilities at Bluegrass Community and Technical College and learn what assistance you might qualify for by continuing to read.
$5,131.00 is the typical Bluegrass Community and Technical College’s first year financial aid package. A significant 93% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Bluegrass Community and Technical College you could end up dealing with.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers below apply to scholarships and grants primarily provided by Bluegrass Community and Technical College.
7% of first-year students (111 total) were offered scholarships at Bluegrass Community and Technical College, averaging $2,778.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 57% of freshmen (870 total) obtained a federal grant, for about $5,185.00 a piece.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 33.25% | $7,825.00 |
| Income 30k-48k | 12.45% | $6,945.00 |
| Income 48k-75k | 10.30% | $4,548.00 |
| Income 75k-110k | 4.82% | $1,804.00 |
| Income 110k + | 4.89% | $1,373.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 1534 undergraduate students at Bluegrass Community and Technical College around 93% (1388 total) receive some form of grant aid. The typical amount awarded was $5,131.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
