by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Uncover the various financial aid options provided by Bucknell and determine which ones you may be eligible for by continuing your exploration.
$36,041.00 is the typical Bucknell University’s first year financial aid package. About 60% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have 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 Bucknell University.
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 stats below refer to aid that is provided by Bucknell University.
50% of incoming freshmen (484 total) were given scholarships at Bucknell University, averaging $35,127.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 8% of freshman students (77 total) obtained federal grant aid, averaging $6,174.00 a piece.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 3.84% | $52,678.00 |
| Income 30k-48k | 2.39% | $47,247.00 |
| Income 48k-75k | 3.94% | $48,444.00 |
| Income 75k-110k | 5.71% | $38,294.00 |
| Income 110k + | 13.80% | $19,577.00 |
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.
Of the 964 undergraduate students at Bucknell University around 60% (489 total) receive some form of grant aid. The typical amount awarded was $36,041.00.
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.