$4,745

Avg. Federal Grant

$4,899

Avg. Federal Loan

$451,397

Total Aid Awarded

Boston Baptist College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$451.397K

Financial Aid Official Website

https://www.boston.edu/admissions/finaid

Such schemes include Heriberto Flores Scholarship, MASSGrant Program, and NEEBC Scholarship Award. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $250,341. One can visit BBC's financial aid page at https://www.boston.edu/admissions/finaid for more information. The total percentage of candidates applying to Boston Baptist College who receive the Federal Grant is 75%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 75% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,700. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $9,416 per year. The average aid amount stands at $8,366 for an annual family income between $30,001 and $48,000. This amount comes to $3,766 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $9,500. And, for those with a family income of more than $110,000, the amount stands at $6,250. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 88% of the applicants to Boston Baptist College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

11%

Institution Grant Aid

89%

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$4,745

State Grant Aid

$800

Institution Grant Aid

$5,775

Pell Grant

$4,545

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,027

$30,001 - $48,000

$4,285

$48,001 - $75,000

$3,235

$75,001 - $110,000

N/A

Over $110,000

$2,750

Student Loans for Boston Baptist College

Average Loan Amount Average Loan Amount received per year.

$4,899/Year

Students Taking Out Loans

56%

Loan Default Rate

2.4%

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