$4,659

Avg. Federal Grant

$5,469

Avg. Federal Loan

$10,615,130

Total Aid Awarded

Bard College at Simons Rock Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$10.615M

Financial Aid Official Website

www.simons-rock.edu/admission/tuition-and-financial-aid

Students can avail of scholarships provided by the college, such as Bard College at Simon's Rock - MASSGrant, Bard College at Simon's Rock - One Family Scholarship Program, Bard College at Simon's Rock - Part-Time Grant, and Heriberto Flores Scholarship, if they find educational expenses to be on the higher side. As many as 95% of the students at BCSR get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,132,837 in a year. One can visit BCSR's financial aid page at http://www.simons-rock.edu/admission/tuition-and-financial-aid for more information. At BCSR, the total percentage of applicants who receive the Federal Grant stands at 26%. Meanwhile, 95% of the applicants receive the Student Grant and 93% are awarded the Institution Grant, while 26% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,959, and the same stands at $1,360 for State Grant awardees and $31,148 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,546. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $42,394 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $43,099 and $34,245, respectively. On the other hand, the average federal aid stands at $33,865 for those with an annual family income between $75,001 and $110,000, and at $25,797 for an income more than $110,000. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At BCSR, an estimated number of 47% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

22%

State Grant Aid

1%

Institution Grant Aid

93%

Pell Grant

22%

Average Aid Awarded

Federal Grant Aid

$4,659

State Grant Aid

$1,600

Institution Grant Aid

$27,056

Pell Grant

$3,694

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$42,428

$30,001 - $48,000

$38,031

$48,001 - $75,000

$40,782

$75,001 - $110,000

$32,633

Over $110,000

$26,600

Student Loans for Bard College at Simons Rock

Average Loan Amount Average Loan Amount received per year.

$8,714/Year

Students Taking Out Loans

45%

Loan Default Rate

3.2%

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