Scholarships, Grants, and Loan Trends at Branford Hall Career Institute-Parsippany

Over the past 7 years (2013-2019), the average number of students who received grants aid/scholarships is 62, which is 62.83 % of all undergraduate students. 51 students which is 48.67% of undergraduate students received federal student loans and the average loan amount is $6,203.
For full-time, first-time beginning students (freshmen), 57.00% of students received grants or scholarships and 43% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Branford Hall Career Institute-Parsippany since 2013.
For that period, the average number of students who received grants aid/scholarships is 62, which is 62.83 % of all undergraduate students. 51 students which is 48.67% of undergraduate students received federal student loans and the average loan amount is $6,203.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1496 (49%)$4,25391 (47%)$3,688103 (53%)$7,111
2014-1598 (56%)$4,32696 (55%)$3,10675 (43%)$5,458
2015-1672 (71%)$5,87172 (71%)$3,75748 (48%)$6,027
2016-1744 (54%)$4,67243 (52%)$3,49241 (50%)$6,665
2017-1830 (58%)$4,63030 (58%)$3,61413 (25%)$5,763
2018-1933 (89%)$7,37033 (89%)$4,70427 (73%)$6,193
Average62 (62.83%)$5,18761 (62.00%)$3,72751 (48.67%)$6,203

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

For the last 7 years, on average, 40 (57.00 % of students) received grants or scholarships and its average amount is $5,487. It can cover 37.25% of tuition & fees ($14,730).
In addition, 31 (43.00 % of students) students get helped from the students loans (average amount : $6,032).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147 (9%)$5,47213 (16%)$5,605
2014-1575 (58%)$5,07754 (42%)$5,406
2015-1655 (75%)$5,81437 (51%)$6,546
2016-1742 (53%)$4,65940 (51%)$6,679
2017-1830 (58%)$4,53013 (25%)$5,763
2018-1933 (89%)$7,37027 (73%)$6,193
Average40 (57.00%)$5,48731 (43.00%)$6,032
*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 7 years, on average, 40 (56.17 % of students) received Pell (federal) grants and its average amount is $4,030.
In addition, 2 students received State/local government grants/scholarships (2.50 % 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
2013-144 (5%)$5,6072 (2%)$1,5003 (4%)$4,291--
2014-1575 (58%)$3,13343 (33%)$2,343--47 (36%)$957
2015-1655 (75%)$3,70039 (53%)$2,981----
2016-1741 (52%)$3,51929 (37%)$1,6691 (1%)$3,000--
2017-1830 (58%)$3,51426 (50%)$1,173----
2018-1933 (89%)$4,70433 (89%)$2,667----
Average40 (56.17%)$4,03029 (44.00%)$2,0562 (2.50%)$3,64647 (36.00%)$957
*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 7 years, on average, 31 (43.00 % of students) get any students loan help and its average loan amount is $31.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1413 (16%)$5,6055 (6%)$6,8248 (10%)$4,842
2014-1554 (42%)$5,40654 (42%)$5,406--
2015-1637 (51%)$6,54637 (51%)$6,546--
2016-1740 (51%)$6,67940 (51%)$6,679--
2017-1813 (25%)$5,76313 (25%)$5,763--
2018-1927 (73%)$6,19327 (73%)$6,193--
Average31 (43.00%)$6,03229 (41.33%)$6,2358 (10.00%)$4,842
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