$4,523

Avg. Federal Grant

$4,480

Avg. Federal Loan

$29,031,193

Total Aid Awarded

Bridgewater State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$29.031M

Financial Aid Official Website

www.bridgew.edu/admissions/financial-aid

It is interesting to note that, every year, around 91% of students at BSU receive some kind of financial aid, while the total amount of assistance/loans provided is $42,803,462. More information regarding the financial assistance schemes can be accessed on BSU’s official financial aid page at http://www.bridgew.edu/admissions/financial-aid. At BSU, the total percentage of applicants who receive the Federal Grant stands at 40%. On the other hand, 69% of the candidates get the Student Grant, 40% receive the Institution Grant, and 40% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,716, and the same stands at $1,983 for State Grant awardees and $2,711 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,296. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 Bridgewater State University, the percentage of candidates who opt to avail of student loans is around 84%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

63%

Institution Grant Aid

46%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$4,523

State Grant Aid

$1,956

Institution Grant Aid

$2,710

Pell Grant

$4,435

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,344

$30,001 - $48,000

$8,521

$48,001 - $75,000

$5,230

$75,001 - $110,000

$1,941

Over $110,000

$687

Student Loans for Bridgewater State University

Average Loan Amount Average Loan Amount received per year.

$6,216/Year

Students Taking Out Loans

89%

Loan Default Rate

5.7%

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