OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Bloomfield College Financial Aid and Scholarships 2022

Bloomfield College which is a private, Presbyterian Church (USA) university, is located in Bloomfield, NJ. The foundation of Bloomfield College was laid down in the year 1868. The motto of the Bloomfield College is Lux In Tenebris and its official colors are red - pms 1807, yellow - pms 129. In addition to over 1,839 undergraduate students, BC also boasts of over 3 students in its postgraduate courses, taking the total enrollment to over 1,842. To teach various courses to the students, the sc

Bloomfield College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$36.621M

Financial Aid Official Website

www.bloomfield.edu/admission/financing-education

It is interesting to note that almost every student at BC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $8,410,464. For additional information about financial assistance schemes, one can head over to BC’s financial aid page at http://www.bloomfield.edu/admission/financing-education. At BC, the total percentage of applicants who receive the Federal Grant stands at 79%. On the other hand, 100% of the candidates get the Student Grant, 99% receive the Institution Grant, and 78% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,162, the State Grant receivers and Institution Grant beneficiaries get $9,857 and $12,902, respectively. And, for the Pell Grant awardees, the average aid amount is $4,749. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $25,743 on average in a year. The average aid amount stands at $24,645 for an annual family income between $30,001 and $48,000. This amount comes to $22,151 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $17,917 for those with an annual family income between $75,001 and $110,000, and at $15,855 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At Bloomfield College, the percentage of candidates who opt to avail of student loans is around 96%.

Minumum Credit Score	Apply in as little as	Variable APR	Fixed APR
Not Available	15 minutes or less	2.95	4.74	View disclosures
620	2 minutes	5.38%-16.99%¹	4.43%-16.99%¹	View disclosures
Not Available	15 minutes	1.13% - 11.23%¹ (with autopay)	3.50% - 12.60%¹ (with autopay)	View disclosures

Minumum Credit Score

Apply in as little as

Variable APR

Fixed APR

Not Available

15 minutes or less

2.95

4.74

View disclosures

620

2 minutes

5.38%-16.99%¹

4.43%-16.99%¹

View disclosures

Not Available

15 minutes

1.13% - 11.23%¹ (with autopay)

3.50% - 12.60%¹ (with autopay)

View disclosures

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