Importance Of Benjamin Franklin Institute of Technology's FinAid Info
The level of financial assistance, scholarships, and grants varies person to person. With all the data here, you will better know how much tuition aid you will get from Benjamin Franklin Institute of Technology according to family income and merit.
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 true discounts off the cost of college are in the form of grants and scholarships.
A college loan isn't a genuine college price reduction, but rather an additional cost consideration. Learn how much student loan debt from Benjamin Franklin Institute of Technology you may end up dealing with.
How Much Aid Is Offered in 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.
161 freshman students also received federal grant aid. About 77.0% of Benjamin Franklin Institute of Technology freshmen got grants around $4,537 each recipient.
The chart underneath displays the usual level of grant and scholarship aid distributed to all first year students.
Scholarships are awarded based on merit, while grants are given based on need.
Amount of Financial Assistance By Income Level
Discover just how much grant and scholarship assistance you might expect to get determined by your family income. The chart 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 |
Title IV aid features loans, grants, or work-study given from the government usually determined by financial need. Learn more 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 type 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 |
