The Importance of Understanding Financial Aid
The quantity of financial aid and scholarships you are eligible for may vary depending on your situation. Read on to learn more on how much financial aid , scholarships and grants you can expect from Bowdoin College.
What is Inside an Average Financial Aid Offer at Bowdoin
Bowdoin College's typical financial aid plan for incoming freshmen is $45,597. Approximately 47.0% of new students receive some financial aid, most of which is in the form of scholarships and grants.
Loans are included in the umbrella of 'financial aid', even so the only true college discount is a grant or scholarship that you don't have to repay.
Worried about the student loans that might be included in your financial aid plan? Find the average amount of debt per student at Bowdoin.
How Much Aid is Available That I Don't Have to Repay? (A.K.A. Scholarships & Grants)?
The numbers below refer to grants and scholarships mainly offered by Bowdoin College.
47.0% of freshmen (235 total) were offered scholarships at Bowdoin College, averaging $36,588 per person. This puts it in the top 20th percentile of all schools in the nation.In addition to scholarships, 14.0% of freshmen (72 total) received federal grant aid, for about $6,058 a person.
Check out the typical amount of grants and scholarships first years get by looking at the graph below.
Grants are typically based on need while scholarships are merit-based.
How Income Level Affects Financial Aid
The table below shows scholarship and grant distributions by family income for freshmen getting any kind of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||13.2%||$31,088|
The table above shows students who are receiving Title IV aid which is federal aid from the government including loans, grants or work study. Learn more.
$35,802 is the Typical Total an Undergrad Will Get in Scholarships or Grants
Of the 1,805 undergraduates at Bowdoin College around 50.0% (898 in total) obtain some sort of grant aid. The standard quantity awarded was $35,802.
Financial Aid Links from Bowdoin College
|Financial Aid Department Website||www.bowdoin.edu/studentaid/|
|Net Price Calculator||https://bowdoin.studentaidcalculator.com/welcome.aspx|