How Much Financial Aid is Available?
Blue Mountain College's normal financial aid offer for new freshmen is $14,603. About 99.0% of new students obtain some money for college, most of which is in the form of scholarships and grants.
Financial aid helps reduce the cost, or the "sticker" price of the college. However, be aware that the only true college discount are scholarships & grants.
Student debt really should be thought of as an "outcome" rather than "aid". Read more about student loan debt at Blue Mountain College.
Amount of Blue Mountain College Scholarships & Grants
The numbers below apply to scholarships and grants mainly provided by Blue Mountain College.
97.0% of new students (106 total) were offered scholarships at Blue Mountain College, averaging $6,347 per person. This ranks in the top 40th percentile of all schools in the country.
In addition to scholarships, 47.0% of freshmen (51 total) received a federal grant, for about $4,581 a person.
The chart below shows the average amount of scholarship and grant aid distributed to all freshmen.
Grants are usually based on need while scholarships are based on merit or ability.
Amount of Financial Aid Per Family Income
The chart below demonstrates grant and scholarship distributions by income level for first year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||10.1%||$3,724|
Financial aid by the government by means of loans, grants, and work-study is known as Title IV aid. Get more info on Title IV here..
The Typical Undergrad Who Gets a Grant or Scholarship Gets $8,787
505 Blue Mountain College students get grants (this is about 93.0% of the total student body). The average amount these students get is $8,787
Financial Aid Links from Blue Mountain College
|Financial Aid Department Website||www.bmc.edu/financial_aid.asp|
|Net Price Calculator||www.bmc.edu/netpricecalc.asp|
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