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.