$3,828

Avg. Federal Grant

$6,996

Avg. Federal Loan

$2,191,938

Total Aid Awarded

Beckfield College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$2.192M

Financial Aid Official Website

www.beckfield.edu/admissions-financial-aid/financial-aid/

Students can avail of scholarships provided by the college, such as Mary Jo Young Dual Credit Scholarship, if they find educational expenses to be on the higher side. Interestingly, almost all of the students at BCF receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $5,168,896 in a year. At BCF, the total percentage of applicants who receive the Federal Grant stands at 80%. On the other hand, 83% of the candidates get the Student Grant, 12% receive the Institution Grant, and 80% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $3,332, while the same comes to $1,924 for State Grant receivers and $150 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,202. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 76% of the applicants to Beckfield College-Florence opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

94%

State Grant Aid

27%

Institution Grant Aid

3%

Pell Grant

94%

Average Aid Awarded

Federal Grant Aid

$3,828

State Grant Aid

$792

Institution Grant Aid

$7,988

Pell Grant

$3,828

The students receiving financial aid must maintain satisfactory academic progress as prescribed by the Federal Government. Federal Aid is provided to all students through FAFSA (Free Application for Financial Student Aid).

Students are encouraged to visit the library and do research about various scholarships that are provided other than the institutional granted ones.

The number of students receiving financial aid is 79%.

The average total aid awarded is $4,316 per year.

The number of students receiving Pell Grant and Federal Grant is 94%.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,787

$30,001 - $48,000

$4,076

$48,001 - $75,000

$3,734

$75,001 - $110,000

N/A

Over $110,000

N/A

The average federal aid per year provided to students with family income below $30,000 is $3,787.

And the family income whose range is between $30,001 to $48,000 has the average federal aid is $4,076.

Similarly, the average federal aid for the family with incomes between $48,001 to $75,000 is $3,734.

And families with incomes over $75,000 are provided with no financial aids.

Student Loans for Beckfield College

Average Loan Amount Average Loan Amount received per year.

$7,431/Year

Students Taking Out Loans

88%

Loan Default Rate

17.8%

Other Colleges In Kentucky

Union College which is located in Schenectady, NY is a college offering several courses to the students. The university covers an area of 120 acres. Union College was founded in the year 1795. Union College believes in imparting education and contributing to society by focusing on innovation, re

Barbourville, Kentucky 4 years Private Not-For-Profit

#N/A

Wilmore, Kentucky 4 years Private Not-For-Profit

#N/A

Bowling Green, Kentucky 4 years Public

Other Colleges In Florence

A public university by the name of Gateway Community and Technical College is located in Florence, Kentucky. Taking into account all the courses offered at Gateway Community and Technical College, the total enrolment stands at 4,763. The school has an academic staff of 280 who teach various cours

Florence, Kentucky 2 years Public

Other Private for-profit Colleges

#N/A

Salt Lake City, Utah 4 years Private For-Profit

#N/A

Hialeah, Florida 4 years Private For-Profit

ECPI University has a current population of over 13,487 students and a student-faculty ratio of 11:1. This implies that its students get a much better opportunity to interact with the faculty. The acceptance rate at ECPI University is 72%.

Virginia Beach, Virginia 4 years Private For-Profit