$4,928

Avg. Federal Grant

$6,692

Avg. Federal Loan

$49,662,102

Total Aid Awarded

Bridgewater College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$49.662M

Financial Aid Official Website

https://www.bridgewater.edu/FinancingYourEducation

Among them are scholarship programs such as Carnegie Dartlet $10,000 Scholarship, Church of the Brethren Scholarship, Community Service Scholarship for Multicultural Students, and McKinney ACE Scholarship (Achievement in a Community of Excellence). 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 $8,913,450. Notably, a total of 36% of the applicants to Bridgewater College receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 36% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,382, the State Grant receivers and Institution Grant beneficiaries get $3,270 and $27,084, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,684. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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. At Bridgewater College, the percentage of candidates who opt to avail of student loans is around 76%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

73%

Institution Grant Aid

99%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$4,928

State Grant Aid

$3,300

Institution Grant Aid

$24,371

Pell Grant

$4,534

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$31,590

$30,001 - $48,000

$31,792

$48,001 - $75,000

$29,768

$75,001 - $110,000

$28,442

Over $110,000

$25,857

Student Loans for Bridgewater College

Average Loan Amount Average Loan Amount received per year.

$7,816/Year

Students Taking Out Loans

76%

Loan Default Rate

4.3%

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