by our College Data Analytics TeamThe majority of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Great Lakes Boat Building School can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does Great Lakes Boat Building School offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to learn what amount of financial assistance will be accessible 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 information provided on this page can help you determine how much aid you may receive from Great Lakes Boat Building School.
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 freshmen starting at Great Lakes Boat Building School, 93% of first-year full-time students received aid of some kind some 13 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $10,269 |
| Institutional grants & scholarships | 79% | $7,805 |
| Federal Pell grants | 50% | $6,271 |
| State/local grants | 0% | — |
| Federal student loans | 71% | $9,425 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Great Lakes Boat Building School, about 75% of undergraduates were awarded grant or scholarship aid averaging $11,734 (across roughly 21 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $11,734 |
| Federal Pell grants | 39% | $6,640 |
| Federal student loans | 57% | $8,640 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $11,727.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,208 |
| $30,001 – $75,000 | $27,533 |
| Over $75,000 | $26,388 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,522 |
| Off-campus title-IV students | $26,464 |
For a personalized estimate based on your family’s financial situation, use Great Lakes Boat Building School’s NPC: glbbs.edu/admissions-aid/.
A handful of calculated indicators summarize the debt outlook at Great Lakes Boat Building School.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Great Lakes Boat Building School:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14 |
| Total Stafford loan amount | $142,425 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $49,584 |
| Average GI Bill amount per recipient | $24,792 |
References
More about our data sources and methodologies.