by our College Data Analytics TeamThe total cost of attendance at Bay Path University 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.
What amount of Bay Path financial assistance will actually be available to you?Get answers to your questions here.
$28,984.00 is the typical Bay Path University’s first year financial aid package. About 100% of first year students receive financial aid, most of which is in the form of 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 Bay Path University 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 following numbers pertain to assistance that is supplied by Bay Path University.
100% of incoming freshmen (125 total) were given scholarships at Bay Path University, averaging $23,159.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 91% of freshmen (114 total) received a federal grant, for about $5,299.00 a person.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 40.80% | $32,513.00 |
| Income 30k-48k | 20.80% | $30,274.00 |
| Income 48k-75k | 14.40% | $24,061.00 |
| Income 75k-110k | 6.40% | $18,885.00 |
| Income 110k + | 14.40% | $17,681.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
100% of the 125 undergraduates at Bay Path University receive some sort of grant aid. This is a total of about 125 students getting an average of $28,984.00 per person.
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.