Benjamin Franklin Cummings Institute of Technology
4 Year Degrees
Main Campus
New England Region
http://www.bfit.edu/
Average Annual Tuition at Benjamin Franklin Cummings Institute of Technology
The latest data we have for Benjamin Franklin Cummings Institute of Technology's annual average net costs are from 2021. These costs and and the average Massachusetts schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
| In-state Tuition | Out-of-state Tuition | Median Debt | Avgerate Net Cost | |
|---|---|---|---|---|
| Benjamin Franklin Cummings Institute of Technology | $18,228 | $18,228 | $12,000 | $17,226 |
| MA Average | $38,905 | $38,905 | $23,988 | $29,270 |
As you can see, annual costs at Benjamin Franklin Cummings Institute of Technology have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in Massachusetts as well. Massachusetts's' higher education costs rose by 38% in just the last 10 years, ranking as the 24th highest state.
Benjamin Franklin Cummings Institute of Technology Financial Assistance
51% of students enrolled at Benjamin Franklin Cummings Institute of Technology receive some form of Federal loan assistance. You can view Benjamin Franklin Cummings Institute of Technology's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
Massachusetts has two programs available: the U.Fund College Investing Plan, a direct-sold 529 college savings plan managed by Fidelity Investments using Fidelity mutual funds, and the U.Plan Prepaid Tuition Program, offered by MEFA.
| State Plan Name: | Massachusetts U.Fund College Investing Plan |
|---|---|
| Minimum Contribution: | $50 |
| Maximum Contribution: | up to $375,000 per beneficiary across accounts |
| Fees: | No enrollment or account maintenance fees; 0.09% to 0.35% program management fees, depending on portfolio options. |
Massachusetts School Statistics
We've analyzed all other higher education schools in MA, and wrapped it up nicely into a report for you. View our MA analysis report.
There are 80 other accredited private schools located in the state of Massachusetts. You can view all MA schools here.