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Great Falls College Montana State University Financial Aid & Scholarships

70% Freshmen Get Financial Aid
$3,287 Average Grant & Scholarship
69% Undergrads Get Grant Aid

Most students will never be charged 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 sum total of attendance at Great Falls College Montana State University can sound overpowering, but remember that the majority of students get some type of financial assistance.

Just what financial aid solutions can Great Falls College Montana State University provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see how much school funding could be available to you.

Understanding Great Falls College Montana State University Aid Information

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 Great Falls College Montana State University.

Financial Aid for First-Year Students at Great Falls College Montana State University

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.

Among first-time, full-time freshmen at Great Falls College Montana State University, 70% of new full-time first-years were awarded at least some aid approximately 81 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)51%$6,308
Institutional grants & scholarships10%$2,345
Federal Pell grants45%$5,946
State/local grants11%$2,332
Federal student loans37%$5,357

Free Money: Grants and Scholarships at Great Falls College Montana State University

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Great Falls College Montana State University, approximately 69% of undergraduates were awarded an average grant or scholarship of $3,287 (for some 904 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)69%$3,287
Federal Pell grants31%$4,570
Federal student loans30%$6,221

For on-campus title-IV students, average grant aid came to $4,196.

Net Price by Family Income at Great Falls College Montana State University

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$8,873
$30,001 – $75,000$10,721
Over $75,000$14,341

Each amount is the average cost remaining once grant aid is subtracted, by income band.

The Real Cost of Attending Great Falls College Montana State University

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$12,468
Off-campus title-IV students$10,632

For an estimate tailored to your family circumstances, see Great Falls College Montana State University’s official net price calculator: finaid.gfcmsu.edu/npc/npcalc.html.

Median Student Debt for Graduates of Great Falls College Montana State University

The middle student in the debt distribution at Great Falls College Montana State University owes $7,992 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$7,992

Debt Spread by Percentile

The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Great Falls College Montana State University.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$3,500
75th percentile$16,500
90th percentile (highest-debt students)$26,978

Debt Outcomes by Student Group at Great Falls College Montana State University

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$9,500
Middle income$7,376
High income$6,418

By First-Generation Status

CohortMedian federal debt
First-generation students$8,788
Continuing-generation students$5,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$10,751

Calculated Debt-Outcome Indicators

A handful of calculated indicators summarize the debt outlook at Great Falls College Montana State University.

Stafford Loan Activity at Great Falls College Montana State University

Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Great Falls College Montana State University:

MetricValue
Stafford loan recipients6650
Total Stafford loan amount$79,647,638

Military and Veterans Aid at Great Falls College Montana State University

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients40
Total GI Bill amount$106,622
Average GI Bill amount per recipient$2,666

DoD program volume

MetricValue
DoD Tuition Assistance recipients4
Total DoD amount$5,692
Average DoD amount per recipient$1,423

More Financial Aid Resources from Great Falls College Montana State University

References

More about our data sources and methodologies.

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