by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Gogebic Community College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Gogebic Community College deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Gogebic 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. However, some types of aid are more desirable than others, and some students will receive more than others.
At Gogebic Community College, 91% of the incoming full-time class was awarded financial aid approximately 133 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $6,627 |
| Institutional grants & scholarships | 44% | $1,791 |
| Federal Pell grants | 51% | $5,197 |
| State/local grants | 53% | $4,090 |
| Federal student loans | 22% | $5,139 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Gogebic Community College, approximately 50% of undergraduates were awarded an average grant or scholarship of $6,125 (covering around 421 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $6,125 |
| Federal Pell grants | 30% | $4,954 |
| Federal student loans | 17% | $5,300 |
Title-IV recipients living on campus saw average grant aid of $9,059.
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 | $3,744 |
| $30,001 – $75,000 | $5,745 |
| Over $75,000 | $12,685 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $5,397 |
| Off-campus title-IV students | $5,216 |
To get a personalized net price estimate, try Gogebic Community College’s online cost calculator: gogebic.edu/admissions/fa/net_price_calculator.html.
A typical borrower at Gogebic Community College leaves with $6,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,000 |
| Median federal debt (graduates only) | $10,925 |
| Typical 10-year monthly payment (graduates) | $115.82/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Gogebic Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,792 |
| 25th percentile | $3,000 |
| 75th percentile | $10,965 |
| 90th percentile (highest-debt students) | $15,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $6,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,650 |
| Independent students | $6,485 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Gogebic Community College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Gogebic Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2679 |
| Total Stafford loan amount | $20,297,465 |
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 | 9 |
| Total GI Bill amount | $26,602 |
| Average GI Bill amount per recipient | $2,956 |
References
More about our data sources and methodologies.