$4,987

Avg. Federal Grant

$5,230

Avg. Federal Loan

$38,282,540

Total Aid Awarded

Bryn Mawr College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$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%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

15%

State Grant Aid

4%

Institution Grant Aid

62%

Pell Grant

15%

Average Aid Awarded

Federal Grant Aid

$4,987

State Grant Aid

$2,035

Institution Grant Aid

$35,569

Pell Grant

$4,314

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$60,121

$30,001 - $48,000

$53,657

$48,001 - $75,000

$46,553

$75,001 - $110,000

$44,541

Over $110,000

$24,819

Student Loans for Bryn Mawr College

Average Loan Amount Average Loan Amount received per year.

$6,705/Year

Students Taking Out Loans

39%

Loan Default Rate

3%

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