What Percentage of Undergrads Get Financial Assistance?
$18,071 is the usual Benjamin Franklin Institute of Technology's first year financial aid plan. Approximately 99.0% 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 BFIT you may end up dealing with.
How Much BFIT Aid Is Available That Won't Put Me in Debt?
The stats listed below make reference to help which is supplied by Benjamin Franklin Institute of Technology.
99.0% of new students (207 total) were awarded scholarships at Benjamin Franklin Institute of Technology, averaging $7,657 per person. This puts it in the top 40th percentile of all colleges in the nation.
In addition to scholarships, 67.0% of freshman students (140 total) obtained federal grant aid, averaging $5,580 each.
How are scholarships and grants dispersed to first years at BFIT? View the graph listed below.
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 | 45.5% | $13,254 |
| Income 30k-48k | 15.3% | $14,118 |
| Income 48k-75k | 12.0% | $11,581 |
| Income 75k-110k | 5.3% | $9,166 |
| Income 110k + | 2.9% | $8,787 |
Title IV aid features loans, grants, or work-study given from the government usually determined by financial need. Learn more here.
$10,287 is the Standard Sum an Undergrad Gets in Grants or Scholarships
Of the 630 undergrads at Benjamin Franklin Institute of Technology about 86.0% (544 in total) obtain some sort of grant aid. The standard number given was $10,287.
Check out the Tuition and Fees page or the Cost Per Credit Hour page for more info.
Financial Aid Links from Benjamin Franklin Institute of Technology
| Financial Aid Department Website | www.bfit.edu/admissions---aid/financial-aid |
| Net Price Calculator | www.bfit.edu/_forms/npcalc.htm |
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