by our College Data Analytics TeamMost students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Bay de Noc Community College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does Bay College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Bay de Noc Community College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Bay de Noc Community College, 89% of new full-time first-years were awarded at least some aid some 128 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $6,777 |
| Institutional grants & scholarships | 33% | $1,643 |
| Federal Pell grants | 47% | $6,170 |
| State/local grants | 42% | $4,815 |
| Federal student loans | 34% | $6,129 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, some 38% of undergraduates were awarded grant or scholarship aid averaging $9,050 (for some 760 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $9,050 |
| Federal Pell grants | 24% | $6,236 |
| Federal student loans | 18% | $6,464 |
On-campus students receiving title-IV aid were awarded grants averaging $7,071.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,461 |
| $30,001 – $75,000 | $8,146 |
| Over $75,000 | $14,680 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,949 |
| Off-campus title-IV students | $9,766 |
To get a personalized net price estimate, try Bay College’s NPC: mybay.baycollege.edu//ics/ClientConfig/CustomContent/NetPriceCalculator/npcalc.htm.
A typical borrower at Bay College leaves with $8,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,000 |
| Median federal debt (graduates only) | $12,618 |
| Typical 10-year monthly payment (graduates) | $133.77/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Bay College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,200 |
| 75th percentile | $12,998 |
| 90th percentile (highest-debt students) | $24,774 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,558 |
| Middle income | $8,000 |
| High income | $7,230 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,217 |
| Continuing-generation students | $6,920 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $10,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Bay College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Bay College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4791 |
| Total Stafford loan amount | $52,849,745 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 18 |
| Total GI Bill amount | $69,943 |
| Average GI Bill amount per recipient | $3,886 |
References
More about our data sources and methodologies.