Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 3,346, which is 56.89 % of all undergraduate students. 2,085 students which is 35.78% of undergraduate students received federal student loans and the average loan amount is $7,115.

For full-time, first-time beginning students (freshmen), 59.89% of students received grants or scholarships and 39% 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 Berklee College of Music since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,346, which is 56.89 % of all undergraduate students. 2,085 students which is 35.78% of undergraduate students received federal student loans and the average loan amount is $7,115.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,456 (56%)$15,165733 (17%)$4,1301,718 (39%)$7,744
2014-152,522 (53%)$16,171724 (15%)$4,1661,732 (37%)$7,419
2015-163,087 (55%)$16,482839 (15%)$4,1472,113 (38%)$6,904
2016-173,415 (57%)$16,948971 (16%)$4,1342,196 (37%)$7,107
2017-183,459 (55%)$17,2141,069 (17%)$4,4592,305 (37%)$7,086
2018-193,459 (54%)$17,8951,059 (17%)$4,0972,375 (37%)$7,115
2019-203,282 (51%)$20,613988 (15%)$4,2772,259 (35%)$7,223
2020-214,836 (81%)$15,3131,057 (18%)$4,2731,847 (31%)$6,675
2021-223,598 (50%)$19,9581,089 (15%)$4,3192,219 (31%)$6,760
Average3,346 (56.89%)$17,307948 (16.11%)$4,2222,085 (35.78%)$7,115
*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, 693 (59.89 % of students) received grants or scholarships and its average amount is $19,113. It can cover 38.02% of tuition & fees ($50,270).

In addition, 446 (39.44 % of students) students get helped from the students loans (average amount : $14,256).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14463 (51%)$16,629401 (44%)$15,493
2014-15475 (51%)$17,247409 (44%)$14,091
2015-16595 (61%)$18,519450 (46%)$13,714
2016-17703 (57%)$19,811474 (39%)$12,641
2017-18729 (58%)$19,384511 (40%)$12,820
2018-19634 (53%)$20,690484 (40%)$14,445
2019-20687 (55%)$23,428471 (38%)$14,689
2020-211,023 (94%)$17,013436 (40%)$12,672
2021-22925 (59%)$19,300379 (24%)$17,737
Average693 (59.89%)$19,113446 (39.44%)$14,256
*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, 157 (13.67 % of students) received Pell (federal) grants and its average amount is $4,523.

In addition, 29 students received State/local government grants/scholarships (2.44 % 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
2013-14136 (15%)$4,096111 (12%)$1,45928 (3%)$972396 (44%)$17,558
2014-15134 (14%)$4,12194 (10%)$1,45228 (3%)$1,223410 (44%)$18,218
2015-16138 (14%)$4,359108 (11%)$1,40724 (2%)$1,217541 (55%)$18,921
2016-17159 (13%)$4,358109 (9%)$1,17941 (3%)$1,525617 (50%)$21,140
2017-18181 (14%)$4,492117 (9%)$1,39633 (3%)$1,320645 (51%)$20,327
2018-19158 (13%)$4,639131 (11%)$1,40328 (2%)$1,579536 (45%)$22,681
2019-20157 (13%)$4,792113 (9%)$2,87426 (2%)$1,754628 (50%)$23,841
2020-21176 (16%)$4,74686 (8%)$2,35331 (3%)$1,2161,000 (92%)$16,329
2021-22173 (11%)$5,106110 (7%)$1,97018 (1%)$1,778873 (56%)$19,153
Average157 (13.67%)$4,523109 (9.56%)$1,72129 (2.44%)$1,398627 (54.11%)$19,796
*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, 446 (39.44 % of students) get any students loan help and its average loan amount is $446.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14401 (44%)$15,493391 (43%)$6,111123 (14%)$31,081
2014-15409 (44%)$14,091395 (43%)$6,263101 (11%)$32,572
2015-16450 (46%)$13,714441 (45%)$5,655107 (11%)$34,367
2016-17474 (39%)$12,641457 (37%)$5,479106 (9%)$32,905
2017-18511 (40%)$12,820493 (39%)$5,501125 (10%)$30,713
2018-19484 (40%)$14,445452 (38%)$5,332147 (12%)$31,167
2019-20471 (38%)$14,689444 (35%)$5,472131 (10%)$34,270
2020-21436 (40%)$12,672398 (36%)$5,220126 (12%)$27,360
2021-22379 (24%)$17,737366 (24%)$5,446129 (8%)$36,660
Average446 (39.44%)$14,256426 (37.78%)$5,609122 (10.78%)$32,344

Ratings & Review

Share your experiences and thoughts about Berklee College of Music. It will be a great help to applicants and prospective students!