by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Interested in understanding the financial aid resources available at BMCC and your eligibility? Find the answers you seek below.
Financial Aid Information Unavailable for First-Year Students
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Bay Mills Community College.
In addition to scholarships, 68% of freshman students (32 total) obtained federal grant aid, averaging $4,642.00 a piece.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
68% of first-year students at Bay Mills Community College (32 total) obtained a federal grant, averaging $4,642.00.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 42.55% | $7,163.00 |
| Income 30k-48k | 10.64% | $7,808.00 |
| Income 48k-75k | 14.89% | $5,138.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
43 BMCC undergrads obtain grant aid (this is about 91% of the entire undergraduate student population). The average amount these students receive is $5,675.00.Most of them are distributed as Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.