As mentioned, if one finds the fees and cost of living at BAIM to be on the higher side, the financial aid department of the varsity would be of huge assistance. They can assist students with scholarships, grants, and student loans as well. At the college, the average federal grant comes to be around $5,305, whereas the financial aid is $2,044. Meanwhile, the institutional aid offered to the students at BAIM stands at $2,044.