Boston Architectural College (BAC) Financial Aid and Scholarships
Students Receiving Aid
48%
Total Aid Amount
$1.003M
Financial Aid Official Website
www.the-bac.edu/admissions/financial-aid
As many as 32% of the students at BAC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,019,022 in a year. Notably, a total of 21% of the applicants to Boston Architectural College receive the Federal Grant every year. Meanwhile, 26% of the applicants receive the Student Grant and 21% are awarded the Institution Grant, while 21% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,096, and the same stands at $2,618 for State Grant awardees and $5,875 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,143. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 32% of the applicants to Boston Architectural College opt for student loans.
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