Why Undertanding Financial Aid is Important
The level of financial aid, scholarships, and grants varies from person to person. Using the info listed below, you can better know how much tuition assistance you will receive from Berklee College of Music based on income and merit.
What is in a Typical Financial Aid Plan at Berklee College of Music
$31,338 is the usual Berklee College of Music's freshman financial aid deal. About 51.0% of new students obtain some money for college, most of which is scholarships and grants.
A financial aid package includes loans, grants, and scholarships. However, college loans need to be repaid, so they aren't a true discount.
Uneasy about the debt that may be included in your financing deal? See the average amount of debt per student at Berklee College of Music.
How Much Aid Is Offered That I Don't Have to Repay? (A.K.A. Scholarships & Grants)
The numbers below apply to grants and scholarships largely supplied by the college itself.
44.0% of first year students (410 total) were awarded scholarships at Berklee College of Music, averaging $18,218 per student. This ranks in the top 20th percentile of all schools in the nation.
As well as scholarships, 14.0% of freshmen (134 total) received federal grant aid, for about $5,140 a person.
How are grants and scholarships distributed to freshmen at Berklee College of Music? View the graph below.
Grants are usually based on need while scholarships are based on merit or ability.
How Financial Need Affects Aid
The next chart shows grant and scholarship allocations by family income for freshman students receiving any sort of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||18.8%||$6,773|
Title IV aid includes loans, grants, or work-study given by the federal government generally based on need. Learn more here.
Scholarships & Grants for All Students Average $16,171
53.0% of the 4,743 undergraduates at Berklee College of Music receive some kind of grant aid. A total of about 2,522 students benefiting from an average of $16,171 per person.
Financial Aid Links from Berklee College of Music
|Financial Aid Department Website||www.berklee.edu/financial-aid/|
|Net Price Calculator||www.berklee.edu/paying-for-your-education/net-price-calculator|