What Amount of Financial Aid is Available?
Baker College's standard financial aid plan for new first year students is $12,567. Approximately 96.0% of first year students get financial assistance, most of which is loans.
Student loans are included in the umbrella of 'financial aid', however the only true college discount is a scholarship or grant that you don't need to repay.
Worried about the student loans that might be part of your financial aid plan? Look at the average amount of debt per student at Baker College.
How Much Is Offered in Scholarships & Grants?
The numbers and the graph following reference predominantly grants from federal sources, plus some local and state grants. 61.0% of first years at Baker College (333 total) were awarded a federal grant, averaging $4,433. As well as grants, 93.0% of first years (509 total) got scholarships by the college, totaling $2,667 each.
How are scholarships and grants allocated to freshmen at Baker College? View the graph listed below.
Scholarships are given based on merit or special ability, while grants are need based.
Financial Aid per Family Income
The below table demonstrates grant and scholarship allocations by family income for freshman students receiving any form of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||5.3%||$3,422|
Title IV aid features grants, loans, or work-study awarded from the federal government typically based on financial need. Learn more here.
$4,440 is the Common Sum an Undergrad Gets in Scholarships or Grants
78.0% of the 11,603 undergraduates at Baker College are given some type of grant aid. This is a total of about 9,066 students benefiting from about $4,440 per person. The most of which are in the form of Pell Grants.
Financial Aid Links from Baker College
|Financial Aid Department Website||www.baker.edu/admissions-and-aid/tuition-and-aid/financial-aid|
|Net Price Calculator||https://baker.studentaidcalculator.com/survey.aspx|
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