by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Curious about the financial aid opportunities at Simon’s Rock and what you may be eligible for? Explore the answers here.
Bard College at Simon’s Rock average financial aid offer for freshmen students is $35,370.00. Financial aid is provided to about 99% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
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 Bard College at Simon’s Rock.
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 Bard College at Simon’s Rock.
99% of new students (147 total) were offered scholarships at Bard College at Simon’s Rock, averaging $33,781.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 57% of freshmen (85 total) obtained a federal grant, for about $4,377.00 a piece.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 15.44% | $46,779.00 |
| Income 30k-48k | 8.05% | $46,362.00 |
| Income 48k-75k | 11.41% | $42,811.00 |
| Income 75k-110k | 4.03% | $41,916.00 |
| Income 110k + | 20.81% | $18.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 149 undergraduate students at Bard College at Simon’s Rock around 99% (147 total) receive some form of grant aid. The typical amount awarded was $35,370.00.
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.