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.
Having said that, some types of assistance will be more beneficial than others, and some students will receive more aid than others. Learn more below.
Borough of Manhattan Community College's standard financial aid deal for new first year students is $11,178. Around 84.0% of first year students receive some form of financial aid, most of which is scholarships and grants.
A financial aid package contains loans, grants, and scholarships. However, student loans must be paid back, thus they aren't a true discount.
We feel that loan debt really should be thought of as an "outcome" rather than "aid". Read more about student loan debt at BMCC.
These scholarships and grants consist of mainly federally provided grants, as well as some local and state grants. 78.0% of first years at Borough of Manhattan Community College (4,579 total) were awarded a federal grant, averaging $4,952. As well as grants, 1.0% of first years (47 total) got scholarships by the college, totaling $1,747 each.
Check out the usual amount of grants and scholarships first years receive by checking out the chart below.
Grants are normally based on need while scholarships are based on merit or ability.
The chart following demonstrates scholarship and grant allocations by family income for first year students receiving any sort of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 54.6% | $7,861 |
| Income 30k-48k | 13.1% | $6,395 |
| Income 48k-75k | 7.0% | $3,684 |
| Income 75k-110k | 0.8% | $1,471 |
| Income 110k + | 0.5% | $198 |
Title IV aid contains grants, loans, or work-study given from the federal government typically according to financial need. Learn more here.
Of the 26,506 undergrads at Borough of Manhattan Community College around 70.0% (18,639 in total) obtain some sort of grant aid. The typical amount given was $6,017. The most of which are in the form of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page for details.
| Financial Aid Department Website | www.bmcc.cuny.edu/finaid/ |
| Net Price Calculator | https://npc.cuny.edu/npc/public/fin_aid/financial_aid_estimator/FinAidEstimator.jsp |
