As many as 95% of the students at BHCIP get some sort of financial aid, and the total amount of assistance/loans provided is more than $167,212 in a year. Notably, a total of 89% of the applicants to Branford Hall Career Institute-Parsippany receive the Federal Grant every year. On the other hand, 89% of the candidates get the Student Grant, while 89% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,704. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At BHCIP, an estimated number of 73% of the applicants choose to go for student loans.