Most college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$40,553.00 is the typical Bennington College’s first year financial aid package. A significant 88% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Bennington College you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by Bennington College.
88% of first-year students (152 total) were offered scholarships at Bennington College, averaging $38,909.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 20% of first-year students (34 total) got a federal grant, for about $7,113.00 per person.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 6.94% | $52,340.00 |
Income 30k-48k | 6.36% | $52,879.00 |
Income 48k-75k | 10.98% | $52,176.00 |
Income 75k-110k | 12.14% | $41,863.00 |
Income 110k + | 14.45% | $36,084.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
88% of the 173 undergraduates at Bennington College receive some sort of grant aid. This is a total of about 152 students getting an average of $40,553.00 per person.
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.