Scholarships, Grants, and Loan Trends at Bay State School of Technology

Over the past 6 years (2013-2018), the average number of students who received grants aid/scholarships is 90, which is 51.40 % of all undergraduate students. 87 students which is 50.40% of undergraduate students received federal student loans and the average loan amount is $6,714.

For full-time, first-time beginning students (freshmen), 54.20% of students received grants or scholarships and 46% of students received student loans.

School Home 2023 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 Bay State School of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 90, which is 51.40 % of all undergraduate students. 87 students which is 50.40% of undergraduate students received federal student loans and the average loan amount is $6,714.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	129 (50%)	$4,379	129 (50%)	$4,379	123 (47%)	$5,935
2014-15	99 (54%)	$4,332	99 (54%)	$4,332	90 (49%)	$6,808
2015-16	81 (62%)	$4,906	81 (62%)	$4,906	80 (61%)	$7,242
2016-17	78 (47%)	$4,952	78 (47%)	$4,952	79 (48%)	$6,587
2017-18	61 (44%)	$4,966	61 (44%)	$4,966	65 (47%)	$6,999
Average	90 (51.40%)	$4,707	90 (51.40%)	$4,707	87 (50.40%)	$6,714

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

Overview

For the last 6 years, on average, 61 (54.20 % of students) received grants or scholarships and its average amount is $4,913. It can cover 25.50% of tuition & fees ($19,265).

In addition, 52 (45.80 % of students) students get helped from the students loans (average amount : $6,999).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	86 (51%)	$4,294	74 (44%)	$6,137
2014-15	62 (56%)	$4,920	49 (44%)	$6,887
2015-16	59 (62%)	$5,028	51 (54%)	$7,691
2016-17	57 (53%)	$4,921	45 (42%)	$6,771
2017-18	43 (49%)	$5,401	40 (45%)	$7,511
Average	61 (54.20%)	$4,913	52 (45.80%)	$6,999

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 6 years, on average, 61 (54.20 % of students) received Pell (federal) grants and its average amount is $4,913.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	86 (51%)	$4,294	-	-	-	-	-	-
2014-15	62 (56%)	$4,920	-	-	-	-	-	-
2015-16	59 (62%)	$5,028	-	-	-	-	-	-
2016-17	57 (53%)	$4,921	-	-	-	-	-	-
2017-18	43 (49%)	$5,401	-	-	-	-	-	-
Average	61 (54.20%)	$4,913	-	-	-	-	-	-

^*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..

Student Loans

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 6 years, on average, 52 (45.80 % of students) get any students loan help and its average loan amount is $52.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	74 (44%)	$6,137	74 (44%)	$6,137	-	-
2014-15	49 (44%)	$6,887	49 (44%)	$6,887	-	-
2015-16	51 (54%)	$7,691	51 (54%)	$7,691	-	-
2016-17	45 (42%)	$6,771	45 (42%)	$6,771	-	-
2017-18	40 (45%)	$7,511	40 (45%)	$7,511	-	-
Average	52 (45.80%)	$6,999	52 (45.80%)	$6,999	-	-

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