by our College Data Analytics TeamThe total cost of attendance at Birmingham Southern College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
What amount of BSC financial assistance will actually be available to you?Get answers to your questions here.
Birmingham Southern College average financial aid offer for freshmen students is $11,597.00. A significant 99% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Birmingham Southern College you may end up taking on.
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 stats below refer to aid that is provided by Birmingham Southern College.
98% of first-year students (326 total) were offered scholarships at Birmingham Southern College, averaging $9,609.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 24% of first-year students (80 total) got federal grant aid, averaging $5,363.00 per person.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 14.76% | $15,328.00 |
| Income 30k-48k | 3.92% | $13,644.00 |
| Income 48k-75k | 9.64% | $13,288.00 |
| Income 75k-110k | 7.83% | $12,443.00 |
| Income 110k + | 18.67% | $10,246.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
326 BSC undergrads obtain grant aid (this is about 99% of the entire undergraduate student population). The average amount these students receive is $11,597.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
