Scholarships, Grants, and Loan Trends at Benjamin Franklin Cummings Institute of Technology

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 454, which is 84.82 % of all undergraduate students. 349 students which is 65.73% of undergraduate students received federal student loans and the average loan amount is $6,541.
For full-time, first-time beginning students (freshmen), 96.27% of students received grants or scholarships and 74% of students received student loans.
School Home 2023 Financial Aid
  1. Home
  2. Trends
  3. Benjamin Franklin Institute Of Technology
  4. Financial Aid

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Benjamin Franklin Cummings Institute of Technology since 2011.
For that period, the average number of students who received grants aid/scholarships is 454, which is 84.82 % of all undergraduate students. 349 students which is 65.73% of undergraduate students received federal student loans and the average loan amount is $6,541.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12392 (83%)$7,180275 (58%)$4,283358 (76%)$6,545
2012-13414 (87%)$7,417306 (65%)$4,225365 (77%)$6,995
2013-14446 (93%)$7,731323 (67%)$4,267376 (78%)$6,891
2014-15470 (92%)$8,541347 (68%)$4,239393 (77%)$6,708
2015-16454 (76%)$8,676311 (52%)$4,357366 (62%)$6,241
2016-17462 (80%)$9,252302 (53%)$4,418351 (61%)$6,354
2017-18507 (85%)$9,072359 (60%)$4,776402 (68%)$6,480
2018-19544 (86%)$10,287334 (53%)$4,997384 (61%)$6,618
2019-20524 (87%)$10,503321 (54%)$4,672352 (59%)$6,395
2020-21388 (84%)$10,576220 (48%)$4,530244 (53%)$6,557
2021-22396 (80%)$9,871220 (44%)$4,263252 (51%)$6,166
Average454 (84.82%)$9,010302 (56.55%)$4,457349 (65.73%)$6,541

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 176 (96.27 % of students) received grants or scholarships and its average amount is $10,240. It can cover 54.16% of tuition & fees ($18,906).
In addition, 137 (74.09 % of students) students get helped from the students loans (average amount : $6,290).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12165 (94%)$8,619152 (86%)$7,367
2012-13177 (97%)$7,981157 (86%)$7,276
2013-14180 (99%)$9,186155 (85%)$6,140
2014-15201 (97%)$9,510168 (81%)$6,841
2015-16190 (98%)$9,502153 (79%)$5,857
2016-17194 (98%)$10,489154 (78%)$5,923
2017-18171 (97%)$10,672140 (80%)$6,177
2018-19207 (99%)$12,025153 (73%)$6,046
2019-20191 (99%)$12,602110 (57%)$5,446
2020-21115 (97%)$10,75466 (55%)$6,242
2021-22150 (84%)$11,29698 (55%)$5,871
Average176 (96.27%)$10,240137 (74.09%)$6,290
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 130 (70.36 % of students) received Pell (federal) grants and its average amount is $4,650.
In addition, 84 students received State/local government grants/scholarships (46.18 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12135 (77%)$4,43556 (32%)$1,29496 (55%)$1,781163 (93%)$3,559
2012-13135 (74%)$4,41938 (21%)$42882 (45%)$1,204172 (94%)$4,076
2013-14138 (76%)$4,47535 (19%)$45188 (48%)$1,209179 (98%)$5,105
2014-15161 (77%)$4,42826 (13%)$676103 (50%)$1,357193 (93%)$5,396
2015-16145 (75%)$4,32721 (11%)$2,342104 (54%)$1,438186 (96%)$5,265
2016-17140 (71%)$4,5396 (3%)$1,05068 (34%)$1,661191 (96%)$6,703
2017-18129 (73%)$5,18618 (10%)$1,62185 (48%)$1,480169 (96%)$5,923
2018-19140 (67%)$5,35818 (9%)$1,72379 (38%)$1,555207 (99%)$7,657
2019-20138 (72%)$4,93415 (8%)$1,53274 (39%)$2,041191 (99%)$8,126
2020-2167 (56%)$4,55528 (24%)$2,42756 (47%)$1,549114 (96%)$6,814
2021-22101 (56%)$4,49066 (37%)$2,66290 (50%)$1,993147 (82%)$6,027
Average130 (70.36%)$4,65030 (17.00%)$1,47384 (46.18%)$1,570174 (94.73%)$5,877
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 137 (74.09 % of students) get any students loan help and its average loan amount is $137.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12152 (86%)$7,367152 (86%)$6,37719 (11%)$7,916
2012-13157 (86%)$7,276155 (85%)$6,64612 (7%)$9,352
2013-14155 (85%)$6,140155 (85%)$5,8944 (2%)$9,557
2014-15168 (81%)$6,841168 (81%)$6,3557 (3%)$11,671
2015-16153 (79%)$5,857151 (78%)$5,3197 (4%)$13,292
2016-17154 (78%)$5,923154 (78%)$5,5664 (2%)$13,750
2017-18140 (80%)$6,177140 (80%)$5,6545 (3%)$14,644
2018-19153 (73%)$6,046151 (72%)$5,8994 (2%)$8,585
2019-20110 (57%)$5,446110 (57%)$4,9965 (3%)$9,904
2020-2166 (55%)$6,24266 (55%)$6,1631 (1%)$5,227
2021-2298 (55%)$5,87198 (55%)$5,6372 (1%)$11,435
Average137 (74.09%)$6,290136 (73.82%)$5,8646 (3.55%)$10,485
Most Searched Massachusetts Colleges (last 30 days)
compare schools
compare schools
compare schools
compare schools
Related Articles and Ads
Search
Comparison
Statistics
Data Sources
Privacy Policy - Do Not Sell My Personal Information Terms and Conditions
© Copyright 2024 College Tuition Compare - All Rights Reserved