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 sum total of attendance at Massachusetts Bay Community College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will MassBay Community College deliver, and just what are you going to be eligible for? Read on for answers. Keep going to find out how much school funding will be available 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 Massachusetts Bay Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
At Massachusetts Bay Community College, 65% of first-year full-time students received aid of some kind around 319 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $6,622 |
| Institutional grants & scholarships | 15% | $779 |
| Federal Pell grants | 42% | $5,569 |
| State/local grants | 50% | $2,903 |
| Federal student loans | 14% | $4,082 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At MassBay Community College, about 44% of undergraduates were awarded grant or scholarship aid averaging $4,968 (across roughly 1741 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $4,968 |
| Federal Pell grants | 25% | $4,433 |
| Federal student loans | 10% | $4,171 |
Title-IV recipients living on campus saw average grant aid of $7,016.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,678 |
| $30,001 – $75,000 | $7,017 |
| Over $75,000 | $11,563 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $7,169 |
| Off-campus title-IV students | $7,388 |
To get a personalized net price estimate, try MassBay Community College’s official net price calculator: www.massbay.edu/finance/tuition-calculator.
A typical borrower at MassBay Community College leaves with $4,620 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,620 |
| Median federal debt (graduates only) | $6,500 |
| Typical 10-year monthly payment (graduates) | $68.91/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at MassBay Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $925 |
| 25th percentile | $2,000 |
| 75th percentile | $7,150 |
| 90th percentile (highest-debt students) | $13,035 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $3,176 |
| Middle income | $4,546 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $4,519 |
| Continuing-generation students | $5,470 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,890 |
| Independent students | $4,359 |
These indicators are derived from the underlying debt data and summarize the overall picture at MassBay Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at MassBay Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6466 |
| Total Stafford loan amount | $43,512,614 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 83 |
| Total GI Bill amount | $330,637 |
| Average GI Bill amount per recipient | $3,984 |
References
More about our data sources and methodologies.