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.
What amount of Boston Architectural College financial assistance will actually be available to you?Get answers to your questions here.
$6,134.00 is the typical Boston Architectural College’s first year financial aid package. Financial aid is provided to about 60% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Boston Architectural College you could end up dealing with.
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 apply to scholarships and grants largely offered by the school itself.
55% of first-year students (11 total) were offered scholarships at Boston Architectural College, averaging $4,673.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 25% of first years (5 total) were awarded federal grant aid, averaging $4,336.00 each.
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 | 15.00% | $8,697.00 |
| Income 30k-48k | 0.00% | $0.00 |
| Income 48k-75k | 5.00% | $3,271.00 |
| Income 75k-110k | 5.00% | $4,145.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
60% of the 20 undergraduates at Boston Architectural College receive some sort of grant aid. This is a total of about 12 students getting an average of $6,134.00 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.