by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
What amount of Becker College financial assistance will actually be available to you?Get answers to your questions here.
Becker College average financial aid offer for freshmen students is $22,730.00. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Becker College you may end up taking on.
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 Becker College.
99% of new students (256 total) were given scholarships at Becker College, averaging $19,742.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 92% of first years (238 total) were awarded federal grant aid, averaging $2,900.00 each.
Amount of Financial Assistance Per Income Level
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 | 19.31% | $26,023.00 |
| Income 30k-48k | 12.36% | $25,514.00 |
| Income 48k-75k | 11.97% | $23,099.00 |
| Income 75k-110k | 15.06% | $20,761.00 |
| Income 110k + | 22.39% | $19,959.00 |
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.
100% of the 259 undergraduates at Becker College receive some sort of grant aid. This is a total of about 259 students getting an average of $22,730.00 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.