Importance Of Benjamin Franklin Institute of Technology's FinAid Info
Do you know financial aid accessability is determined by several requirements? Here you will learn more to help you to know the amount of assistance and scholarships can be expected from Benjamin Franklin Institute of Technology.
Typical Benjamin Franklin Institute of Technology FinAid Plan
$16,351 is the usual Benjamin Franklin Institute of Technology's first year financial aid plan. Approximately 97.0% of incoming students receive financial assistance, most of which is scholarships and grants.
Financial aid helps lower the expense, or the full retail price of the institution. However, bear in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Worried about the student loans that might be part of a financial aid plan? Find the average amount of debt per student at Benjamin Franklin Institute of Technology.
Amount of Benjamin Franklin Institute of Technology Grants & Scholarships
The stats listed below make reference to help which is supplied by Benjamin Franklin Institute of Technology.
93.0% of new students (193 total) were awarded scholarships at Benjamin Franklin Institute of Technology, averaging $5,396 per person. This puts it in the middle 20th percentile of all colleges in the nation.
In addition to scholarships, 77.0% of freshman students (161 total) obtained federal grant aid, averaging $4,537 each.How are scholarships and grants dispersed to first years at Benjamin Franklin Institute of Technology? View the graph listed below.
Scholarships are awarded based on merit, while grants are given based on need.
How Financial Need Affects Aid
Discover just how much grand and scholarship assistance you might expect to get determined by your family income. The graph following displays first year students receiving federal Title IV aid which includes PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 54.8% | $11,317 |
| Income 30k-48k | 15.9% | $9,569 |
| Income 48k-75k | 10.1% | $8,024 |
| Income 75k-110k | 5.8% | $7,267 |
| Income 110k + | 4.3% | $4,050 |
Financial assistance by the federal government in the form of grants, loans, or work study is referred to as Title IV aid. Get more info on Title IV here..
Grants & Scholarships for All Undergrads Is $8,541
92.0% of the 510 undergraduate students at Benjamin Franklin Institute of Technology qualify for some kind of grant aid. A total of about 470 students obtaining about $8,541 per person.
Financial Aid Links from Benjamin Franklin Institute of Technology
| Net Price Calculator | www.bfit.edu/_forms/npcalc.htm |
