How Beacon's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Beacon College since 2013.

For that period, the average number of students who received grants aid/scholarships is 251, which is 72.89 % of all undergraduate students. 157 students which is 46.78% of undergraduate students received federal student loans and the average loan amount is $7,188.

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	98 (52%)	$9,223	46 (24%)	$5,135	97 (51%)	$7,759
2014-15	157 (70%)	$8,857	60 (27%)	$4,544	98 (44%)	$7,327
2015-16	210 (77%)	$9,773	67 (24%)	$4,530	117 (43%)	$6,754
2016-17	256 (82%)	$11,736	82 (26%)	$4,894	136 (43%)	$7,082
2017-18	306 (90%)	$13,309	110 (32%)	$4,488	247 (73%)	$7,200
2018-19	54 (14%)	$10,146	24 (6%)	$2,495	43 (11%)	$10,675
2019-20	360 (87%)	$19,653	121 (29%)	$5,421	297 (71%)	$4,456
2020-21	394 (92%)	$20,884	127 (30%)	$5,006	185 (43%)	$6,734
2021-22	422 (92%)	$21,862	123 (27%)	$5,094	191 (42%)	$6,706
Average	251 (72.89%)	$13,938	84 (25.00%)	$4,623	157 (46.78%)	$7,188

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

Overview

For the last 10 years, on average, 55 (75.67 % of students) received grants or scholarships and its average amount is $12,751. It can cover 25.90% of tuition & fees ($49,230).

In addition, 41 (54.44 % of students) students get helped from the students loans (average amount : $7,158).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	26 (63%)	$2,741	22 (54%)	$4,009
2014-15	46 (88%)	$9,573	27 (52%)	$4,187
2015-16	52 (87%)	$11,121	31 (52%)	$5,835
2016-17	55 (83%)	$11,391	35 (53%)	$7,079
2017-18	59 (72%)	$17,899	60 (73%)	$8,551
2018-19	45 (51%)	$11,837	38 (43%)	$9,844
2019-20	44 (45%)	$9,631	81 (83%)	$6,612
2020-21	79 (98%)	$19,631	36 (44%)	$9,390
2021-22	92 (94%)	$20,933	35 (36%)	$8,915
Average	55 (75.67%)	$12,751	41 (54.44%)	$7,158

^*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 10 years, on average, 17 (22.78 % of students) received Pell (federal) grants and its average amount is $4,243.

In addition, 21 students received State/local government grants/scholarships (27.00 % of students).

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	4 (10%)	$2,817	3 (7%)	$367	6 (15%)	$1,314	20 (49%)	$2,550
2014-15	12 (23%)	$4,659	7 (13%)	$514	13 (25%)	$3,362	44 (85%)	$7,662
2015-16	14 (23%)	$4,708	9 (15%)	$867	14 (23%)	$3,032	52 (87%)	$8,887
2016-17	18 (27%)	$4,624	11 (17%)	$792	16 (24%)	$3,041	55 (83%)	$8,835
2017-18	26 (32%)	$4,624	16 (20%)	$792	22 (27%)	$3,495	59 (72%)	$14,343
2018-19	23 (26%)	$1,994	-	-	26 (29%)	$1,941	45 (51%)	$9,697
2019-20	21 (21%)	$4,698	7 (7%)	$2,361	33 (34%)	$2,841	44 (45%)	$4,883
2020-21	18 (22%)	$5,310	11 (14%)	$4,154	32 (40%)	$7,507	79 (98%)	$14,802
2021-22	21 (21%)	$4,751	9 (9%)	$2,317	25 (26%)	$9,404	92 (94%)	$17,067
Average	17 (22.78%)	$4,243	9 (12.75%)	$1,521	21 (27.00%)	$3,993	54 (73.78%)	$9,858

^*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 10 years, on average, 41 (54.44 % of students) get any students loan help and its average loan amount is $41.

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	22 (54%)	$4,009	20 (49%)	$3,050	2 (5%)	$13,601
2014-15	27 (52%)	$4,187	25 (48%)	$2,870	2 (4%)	$20,651
2015-16	31 (52%)	$5,835	30 (50%)	$5,831	1 (2%)	$5,971
2016-17	35 (53%)	$7,079	32 (48%)	$5,858	3 (5%)	$20,095
2017-18	60 (73%)	$8,551	55 (67%)	$7,136	6 (7%)	$20,095
2018-19	38 (43%)	$9,844	38 (43%)	$9,448	1 (1%)	$15,030
2019-20	81 (83%)	$6,612	81 (83%)	$5,500	4 (4%)	$22,512
2020-21	36 (44%)	$9,390	32 (40%)	$6,063	4 (5%)	$36,012
2021-22	35 (36%)	$8,915	34 (35%)	$5,465	5 (5%)	$25,240
Average	41 (54.44%)	$7,158	39 (51.44%)	$5,691	3 (4.22%)	$19,912

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Scholarships, Grants, and Loan Trends at Beacon

All Undergraduate Students Financial Aid Over Time

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