by our College Data Analytics TeamThe total cost of attendance at Brigham Young University - Provo can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Discover the financial aid possibilities at BYU and learn what assistance you might qualify for by continuing to read.
Brigham Young University - Provo average financial aid offer for freshmen students is $5,764.00. A significant 71% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Brigham Young University - Provo.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The stats below refer to aid that is provided by Brigham Young University - Provo.
52% of incoming freshmen (2880 total) were awarded scholarships at Brigham Young University - Provo, averaging $3,781.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 14% of freshmen (758 total) obtained a federal grant, for about $4,718.00 a piece.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 4.98% | $9,491.00 |
| Income 30k-48k | 2.61% | $8,603.00 |
| Income 48k-75k | 4.55% | $6,260.00 |
| Income 75k-110k | 3.35% | $3,159.00 |
| Income 110k + | 2.15% | $1,072.00 |
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.
71% of the 5587 undergraduates at Brigham Young University - Provo receive some sort of grant aid. This is a total of about 2996 students getting an average of $5,764.00 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.