Bryn Mawr College Financial Aid and Scholarships
Students Receiving Aid
69%
Total Aid Amount
$38.283M
Financial Aid Official Website
www.brynmawr.edu/sfs/
It is interesting to note that, every year, around 75% of students at BMC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,751,346. The total percentage of candidates applying to Bryn Mawr College who receive the Federal Grant is 15%. On the other hand, 75% of the candidates get the Student Grant, 75% receive the Institution Grant, and 15% get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,154, the State Grant receivers and Institution Grant beneficiaries get $2,769 and $35,903, respectively. And, for the Pell Grant awardees, the average aid amount is $4,780. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Bryn Mawr College, the percentage of candidates who opt to avail of student loans is around 42%.
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