$4,453

Avg. Federal Grant

$5,627

Avg. Federal Loan

$31,573,315

Total Aid Awarded

Becker College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$31.573M

Financial Aid Official Website

www.becker.edu/student-life/student-support/financial-aid/

Among them are scholarship programs such as Air Force ROTC, Animal Health Club Scholarship, Army ROTC Scholarship, and Becker Academic Achievement Award. Interestingly, almost all of the students at BC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $9,307,240 in a year. The total percentage of candidates applying to Becker College who receive the Federal Grant is 40%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 40% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,708, and the same stands at $1,897 for State Grant awardees and $18,910 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,135. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 77% of the applicants to Becker College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

39%

State Grant Aid

22%

Institution Grant Aid

99%

Pell Grant

39%

Average Aid Awarded

Federal Grant Aid

$4,453

State Grant Aid

$1,663

Institution Grant Aid

$17,947

Pell Grant

$4,334

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$22,934

$30,001 - $48,000

$27,277

$48,001 - $75,000

$23,911

$75,001 - $110,000

$20,515

Over $110,000

$17,624

Student Loans for Becker College

Average Loan Amount Average Loan Amount received per year.

$10,849/Year

Students Taking Out Loans

80%

Loan Default Rate

7.8%

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