$4,191

Avg. Federal Grant

$5,683

Avg. Federal Loan

$4,036,181

Total Aid Awarded

Blue Mountain Community College (BMCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$4.036M

Financial Aid Official Website

https://www.bluecc.edu/enrollment-services/financial-aid

Students can avail of scholarships provided by the college, such as 'Better A Life' Scholarship, 'Why Not?' Scholarship, Anna F. Jones Scholarship, and Ben Walker/Mikael Nickolauson Thurston High School Memorial Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 84% of students at BMCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,298,227. Notably, a total of 48% of the applicants to Blue Mountain Community College receive the Federal Grant every year. In comparison, 65% of the students are awarded the Student Grant, 23% get the Institution Grant, and 48% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,015, while the same comes to $2,053 for State Grant receivers and $2,521 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,785. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 13% of the applicants to Blue Mountain Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

45%

Institution Grant Aid

47%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,191

State Grant Aid

$2,275

Institution Grant Aid

$2,732

Pell Grant

$4,140

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,899

$30,001 - $48,000

$4,336

$48,001 - $75,000

$2,727

$75,001 - $110,000

$925

Over $110,000

N/A

Student Loans for Blue Mountain Community College (BMCC)

Average Loan Amount Average Loan Amount received per year.

$5,608/Year

Students Taking Out Loans

12%

Loan Default Rate

16.6%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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