$5,633

Avg. Federal Grant

$4,950

Avg. Federal Loan

$1,002,796

Total Aid Awarded

Boston Architectural College (BAC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

48%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

12%

State Grant Aid

4%

Institution Grant Aid

27%

Pell Grant

12%

Average Aid Awarded

Federal Grant Aid

$5,633

State Grant Aid

$2,050

Institution Grant Aid

$3,843

Pell Grant

$4,933

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,720

$30,001 - $48,000

$8,315

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

$2,500

Student Loans for Boston Architectural College (BAC)

Average Loan Amount Average Loan Amount received per year.

$7,550/Year

Students Taking Out Loans

19%

Loan Default Rate

3.8%

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