by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
What financial aid options does Blue Mountain College offer, and what will you qualify for? Keep scrolling for answers.
Blue Mountain College average financial aid offer for freshmen students is $11,693.00. 99% of reshman students get financial aid, most of which is in the form of grants and scholarships
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.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Blue Mountain College.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers listed below make reference to help that is offered by Blue Mountain College.
99% of first-year students (112 total) were offered scholarships at Blue Mountain College, averaging $8,642.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 64% of first-year students (72 total) got a federal grant, for about $3,605.00 per person.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 21.24% | $12,876.00 |
| Income 30k-48k | 10.62% | $16,162.00 |
| Income 48k-75k | 10.62% | $9,087.00 |
| Income 75k-110k | 12.39% | $8,608.00 |
| Income 110k + | 7.96% | $12,150.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
99% of the 113 undergraduates at Blue Mountain College receive some sort of grant aid. This is a total of about 112 students getting an average of $11,693.00 per person.
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.