Most students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
What amount of Berklee College of Music financial assistance will actually be available to you?Get answers to your questions here.
$23,428.00 is the typical Berklee College of Music’s first year financial aid package. 67% of reshman students get financial aid, most of which is in the form of grants and scholarships
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Berklee College of Music.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
50% of new students (628 total) were offered scholarships at Berklee College of Music, averaging $23,841.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 13% of first-year students (159 total) got federal grant aid, averaging $6,774.00 per person.
Amount of Financial Assistance Per Income Level
|Percent of Freshman
|Income 110k +
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
67% of the 1253 undergraduates at Berklee College of Music receive some sort of grant aid. This is a total of about 687 students getting an average of $23,428.00 per person.
More about our data sources and methodologies.