by our College Data Analytics TeamA lot of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Blue Mountain Community College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can BMCC offer you, and what will you qualify for? Keep reading for more information. Read on to see how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Blue Mountain Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Among first-time, full-time freshmen at Blue Mountain Community College, 85% of new full-time first-years were awarded at least some aid roughly 183 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $6,126 |
| Institutional grants & scholarships | 44% | $2,255 |
| Federal Pell grants | 49% | $4,701 |
| State/local grants | 49% | $3,380 |
| Federal student loans | 5% | $4,487 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, approximately 83% of undergrads got grants or scholarships worth on average $5,214 (across roughly 1138 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,214 |
| Federal Pell grants | 33% | $4,440 |
| Federal student loans | 7% | $6,299 |
For students living on campus and receiving title-IV aid, grants averaged $7,555.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,697 |
| $30,001 – $75,000 | $11,611 |
| Over $75,000 | $15,044 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,095 |
| Off-campus title-IV students | $12,133 |
For an estimate tailored to your family circumstances, see BMCC’s online cost calculator: www.bluecc.edu/cost-aid/tuition-fees/?highlight=net+price+calculator.
The median student at BMCC graduates with $8,961 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,961 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at BMCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,953 |
| 25th percentile | $3,500 |
| 75th percentile | $13,730 |
| 90th percentile (highest-debt students) | $23,431 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,750 |
| Middle income | $7,916 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,105 |
| Continuing-generation students | $5,873 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,499 |
| Independent students | $13,000 |
A handful of calculated indicators summarize the debt outlook at BMCC.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at BMCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3812 |
| Total Stafford loan amount | $48,486,917 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 21 |
| Total GI Bill amount | $87,910 |
| Average GI Bill amount per recipient | $4,186 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.