by our College Data Analytics TeamThe majority 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 Broward College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial assistance options will BC offer you, and what will you qualify for? Read on for more information. Read on to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Broward College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Broward College, 72% of entering full-time freshmen got some type of financial assistance some 2217 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 69% | $7,260 |
| Institutional grants & scholarships | 5% | $1,861 |
| Federal Pell grants | 60% | $6,175 |
| State/local grants | 48% | $2,395 |
| Federal student loans | 9% | $3,374 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At BC, roughly 50% of undergraduates were awarded an average grant or scholarship of $5,494 (across approximately 14615 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $5,494 |
| Federal Pell grants | 40% | $4,576 |
| Federal student loans | 10% | $4,073 |
Title-IV recipients living on campus saw average grant aid of $7,441.
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 | $19,604 |
| $30,001 – $75,000 | $20,605 |
| Over $75,000 | $24,089 |
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 | $14,506 |
| Off-campus title-IV students | $20,077 |
To get a personalized net price estimate, try BC’s net price tool: www.broward.edu/admissions/tuition-costs/net-price-calculator.html.
The middle student in the debt distribution at BC owes $4,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,500 |
| Median federal debt (graduates only) | $7,500 |
| Typical 10-year monthly payment (graduates) | $79.51/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 percentiles below describe the cumulative federal debt distribution for borrowers at BC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,748 |
| 25th percentile | $2,250 |
| 75th percentile | $6,562 |
| 90th percentile (highest-debt students) | $11,250 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $4,500 |
| Middle income | $4,373 |
| High income | $3,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,500 |
| Continuing-generation students | $4,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $5,250 |
A handful of calculated indicators summarize the debt outlook at BC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at BC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 49773 |
| Total Stafford loan amount | $391,396,331 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 555 |
| Total GI Bill amount | $1,239,775 |
| Average GI Bill amount per recipient | $2,234 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 156 |
| Total DoD amount | $157,068 |
| Average DoD amount per recipient | $1,007 |
References
More about our data sources and methodologies.