by our College Data Analytics TeamA lot of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Great Bay Community College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Great Bay Community College offer, and what will you qualify for? Read on for more information. Read on to find out 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Great Bay Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Great Bay Community College, 57% of the incoming full-time class was awarded financial aid some 89 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $7,151 |
| Institutional grants & scholarships | 10% | $907 |
| Federal Pell grants | 31% | $5,784 |
| State/local grants | 35% | $3,147 |
| Federal student loans | 26% | $4,761 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Great Bay Community College, approximately 43% of undergrads got grants or scholarships worth on average $6,400 (among about 612 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $6,400 |
| Federal Pell grants | 26% | $6,646 |
| Federal student loans | 23% | $6,251 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,195.
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 | $17,421 |
| $30,001 – $75,000 | $22,016 |
| Over $75,000 | $22,016 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,768 |
| Off-campus title-IV students | $18,587 |
For a customized cost estimate, visit Great Bay Community College’s official net price calculator: www.greatbay.edu/netpricecalc/npcalc.htm.
Graduating students at Great Bay Community College carry a median federal student debt of $7,466 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,466 |
| Median federal debt (graduates only) | $13,828 |
| Typical 10-year monthly payment (graduates) | $146.6/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Great Bay Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,500 |
| 75th percentile | $15,341 |
| 90th percentile (highest-debt students) | $24,083 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,037 |
| Middle income | $7,125 |
| High income | $7,053 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,988 |
| Continuing-generation students | $6,545 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,847 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Great Bay Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Great Bay Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5595 |
| Total Stafford loan amount | $67,631,574 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 62 |
| Total GI Bill amount | $275,244 |
| Average GI Bill amount per recipient | $4,439 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $15,758 |
| Average DoD amount per recipient | $2,626 |
References
More about our data sources and methodologies.