by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
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.
Boise State University average financial aid offer for freshmen students is $7,571.00. A significant 84% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Boise State University.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The following numbers pertain to assistance that is supplied by Boise State University.
52% of incoming freshmen (1529 total) were awarded scholarships at Boise State University, averaging $10,557.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 33% of freshmen (955 total) obtained a federal grant, for about $4,435.00 a piece.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 7.80% | $9,060.00 |
| Income 30k-48k | 5.25% | $8,039.00 |
| Income 48k-75k | 5.04% | $5,417.00 |
| Income 75k-110k | 2.96% | $2,754.00 |
| Income 110k + | 2.21% | $1,317.00 |
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.
84% of the 2935 undergraduates at Boise State University receive some sort of grant aid. This is a total of about 2159 students getting an average of $7,571.00 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.