Bridgewater State University Financial Aid and Scholarships
Students Receiving Aid
55%
Total Aid Amount
$29.031M
Financial Aid Official Website
www.bridgew.edu/admissions/financial-aid
It is interesting to note that, every year, around 91% of students at BSU receive some kind of financial aid, while the total amount of assistance/loans provided is $42,803,462. More information regarding the financial assistance schemes can be accessed on BSU’s official financial aid page at http://www.bridgew.edu/admissions/financial-aid. At BSU, the total percentage of applicants who receive the Federal Grant stands at 40%. On the other hand, 69% of the candidates get the Student Grant, 40% receive the Institution Grant, and 40% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,716, and the same stands at $1,983 for State Grant awardees and $2,711 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,296. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Bridgewater State University, the percentage of candidates who opt to avail of student loans is around 84%.