$5,068

Avg. Federal Grant

$6,501

Avg. Federal Loan

$3,216,074

Total Aid Awarded

Bay State College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$3.216M

Financial Aid Official Website

www.baystate.edu/financial-aid

A number of scholarships are available to assist students from the Bay State College  in obtaining their degree.Under the following initial criteria multiple scholarships are provided by Bay State College To apply for financial aid, please complete your FAFSA online at www.FAFSA.ed.gov to determine your eligibility for aid. Institutional aid is on a first come first serve basis after the priority deadline has passed.To name a few:

  • ·Need-Based Scholarships

  • ·Bay State Scholarship

  • ·Merit-Based Scholarships

  • ·Dean's Scholarship

  • ·Presidential Scholarship

  • ·Esports Scholarship 

The total aid awarded by Bay State College is $3,216,074.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

65%

State Grant Aid

18%

Institution Grant Aid

44%

Pell Grant

65%

Average Aid Awarded

Federal Grant Aid

$5,068

State Grant Aid

$700

Institution Grant Aid

$6,733

Pell Grant

$4,813

As shown in the table the breakdown includes Federal Grants, Pell Grants, state grants and institutional grants , with institutional grants having the highest contribution of 44% with an average aid amount being $6733.

Pell grants have a percentage of 65% with an average aid amount of $4813 which is higher than the State grant aid average of $700.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,427

$30,001 - $48,000

$8,225

$48,001 - $75,000

$6,235

$75,001 - $110,000

N/A

Over $110,000

$6,333

As shown in the table lower the family income higher is the amount of aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $6427 while those with family income over $110,000 can expect to receive an aid amount of $6333. This helps students who are coming from low income homes to pay for their degree.

Student Loans for Bay State College

Average Loan Amount Average Loan Amount received per year.

$9,579/Year

Students Taking Out Loans

85%

Loan Default Rate

6.5%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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