Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 466, which is 84.78 % of all undergraduate students. 347 students which is 63.33% of undergraduate students received federal student loans and the average loan amount is $6,490.

For full-time, first-time beginning students (freshmen), 96.44% of students received grants or scholarships and 71% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Benjamin Franklin Cummings Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 466, which is 84.78 % of all undergraduate students. 347 students which is 63.33% of undergraduate students received federal student loans and the average loan amount is $6,490.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
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
Average466 (84.78%)$9,390304 (55.44%)$4,502347 (63.33%)$6,490
*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.

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

For the last 10 years, on average, 178 (96.44 % of students) received grants or scholarships and its average amount is $10,671. It can cover 56.44% of tuition & fees ($18,906).

In addition, 133 (71.44 % of students) students get helped from the students loans (average amount : $6,060).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
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
Average178 (96.44%)$10,671133 (71.44%)$6,060
*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 10 years, on average, 129 (69.22 % of students) received Pell (federal) grants and its average amount is $4,699.

In addition, 83 students received State/local government grants/scholarships (45.33 % 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
2013-14138 (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
Average129 (69.22%)$4,69926 (14.89%)$1,60983 (45.33%)$1,587175 (95.00%)$6,335
*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 10 years, on average, 133 (71.44 % of students) get any students loan help and its average loan amount is $133.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
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
Average133 (71.44%)$6,060133 (71.22%)$5,7204 (2.33%)$10,896

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