$4,672

Avg. Federal Grant

$3,309

Avg. Federal Loan

$8,913,681

Total Aid Awarded

MassBay Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

38%

Total Aid Amount Average Total Aid Awarded per year.

$8.914M

Financial Aid Official Website

www.massbay.edu/financialaid

Notably, 64% of the students at Massachusetts Bay Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,258,375. Notably, a total of 40% of the applicants to Massachusetts Bay Community College receive the Federal Grant every year. Meanwhile, 53% of the applicants receive the Student Grant and 3% are awarded the Institution Grant, while 40% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,777, the State Grant receivers and Institution Grant beneficiaries get $1,404 and $1,225, respectively. And, for the Pell Grant awardees, the average aid amount is $3,771. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At MBCC, an estimated number of 21% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

43%

State Grant Aid

39%

Institution Grant Aid

4%

Pell Grant

43%

Average Aid Awarded

Federal Grant Aid

$4,672

State Grant Aid

$1,510

Institution Grant Aid

$791

Pell Grant

$4,541

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,022

$30,001 - $48,000

$5,308

$48,001 - $75,000

$2,663

$75,001 - $110,000

$1,856

Over $110,000

$83

Student Loans for MassBay Community College

Average Loan Amount Average Loan Amount received per year.

$3,526/Year

Students Taking Out Loans

29%

Loan Default Rate

13.3%

Other Colleges In Massachusetts

The university also offers online courses in 84 programs across 19 disciplines.

The programs offered by the university are numerous disciplines such as Accounting Programs, Criminal Justice Programs, Information Technology Programs, Psychology Programs, Human Services Programs, Public Adm

Boston, Massachusetts 4 years Private For-Profit

A private university by the name of Amherst College is located in Amherst, Massachusetts. Taking into account all the courses offered at Amherst College, the total enrolment stands at 1,839. To teach various courses to the students, the school has employed a total of 262 faculty. At Amherst Colle

Amherst, Massachusetts 4 years Private Not-For-Profit

Boston University was established in the year 1839 and is located in Boston, Massachusetts. It is a private not-for-profit type institution. The university has been providing online degrees a

Boston, Massachusetts 4 years Private Not-For-Profit

Other Public Colleges

Florida State University was founded in 1851 and is the oldest continuous site of higher education in Florida.

  • The FSU acceptance rate is 37%.

  • The total student population of the university is 41,005 students, while t

Tallahassee, Florida 4 years Public

Indiana University of Pennsylvania-Main Campus, which is located in Indiana, PA is a public university. Indiana University of Pennsylvania-Main Campus occupies a total area of about 350 acres. In 1875, Indiana University of Pennsylvania-Main Campus was founded. Indiana University of Pennsylvania-Mai

Indiana, Pennsylvania 4 years Public

#N/A

Greenville, North Carolina 4 years Public