Scholarships, Grants, and Loan Trends at Bay College

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,042, which is 53.22 % of all undergraduate students. 503 students which is 25.78% of undergraduate students received federal student loans and the average loan amount is $5,621.
For full-time, first-time beginning students (freshmen), 78.44% of students received grants or scholarships and 31% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Bay de Noc Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,042, which is 53.22 % of all undergraduate students. 503 students which is 25.78% of undergraduate students received federal student loans and the average loan amount is $5,621.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,615 (70%)$3,5901,144 (50%)$4,954822 (36%)$6,003
2014-151,147 (57%)$4,957876 (43%)$5,008655 (32%)$5,429
2015-16956 (52%)$4,743676 (37%)$4,991443 (24%)$5,191
2016-17907 (49%)$4,721621 (34%)$4,878509 (28%)$5,132
2017-18905 (49%)$4,636575 (31%)$4,977515 (28%)$5,465
2018-19855 (44%)$5,367644 (33%)$5,086448 (23%)$5,398
2019-20857 (47%)$5,210551 (30%)$5,281392 (22%)$5,844
2020-21882 (47%)$5,453478 (25%)$5,577372 (20%)$6,080
2021-221,251 (64%)$3,444508 (26%)$5,563374 (19%)$6,050
Average1,042 (53.22%)$4,680675 (34.33%)$5,146503 (25.78%)$5,621

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 201 (78.44 % of students) received grants or scholarships and its average amount is $4,981. It can cover 42.73% of tuition & fees ($11,656) based on out-of-state rate.
In addition, 80 (31.11 % of students) students get helped from the students loans (average amount : $5,081).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14260 (85%)$4,802107 (35%)$4,989
2014-15218 (75%)$4,80890 (31%)$4,731
2015-16193 (77%)$3,89173 (29%)$4,956
2016-17191 (71%)$4,91687 (32%)$4,693
2017-18178 (66%)$4,95187 (32%)$5,056
2018-19189 (69%)$5,36390 (33%)$4,729
2019-20228 (84%)$5,67278 (29%)$5,172
2020-21110 (79%)$5,30044 (31%)$5,925
2021-22243 (100%)$5,12567 (28%)$5,475
Average201 (78.44%)$4,98180 (31.11%)$5,081
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 118 (45.11 % of students) received Pell (federal) grants and its average amount is $5,077.
In addition, 65 students received State/local government grants/scholarships (25.67 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14185 (61%)$4,95151 (17%)$46679 (26%)$3,01762 (20%)$1,137
2014-15134 (46%)$4,82044 (15%)$46880 (28%)$3,27395 (33%)$1,261
2015-16104 (41%)$4,86332 (13%)$46544 (17%)$3,10076 (30%)$1,235
2016-17121 (45%)$4,73140 (15%)$53173 (27%)$3,01473 (27%)$1,716
2017-18107 (40%)$4,93641 (15%)$21365 (24%)$3,34875 (28%)$1,689
2018-19133 (49%)$5,22468 (25%)$33551 (19%)$3,50169 (25%)$1,701
2019-20136 (50%)$5,44559 (22%)$1,03671 (26%)$3,887115 (42%)$1,875
2020-2154 (39%)$5,40773 (52%)$1,07948 (34%)$3,53135 (25%)$1,222
2021-2285 (35%)$5,318243 (100%)$1,20073 (30%)$4,32998 (40%)$1,896
Average118 (45.11%)$5,07772 (30.44%)$64465 (25.67%)$3,44478 (30.00%)$1,526
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 80 (31.11 % of students) get any students loan help and its average loan amount is $80.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14107 (35%)$4,989103 (34%)$4,8544 (1%)$8,450
2014-1590 (31%)$4,73186 (30%)$4,6026 (2%)$5,000
2015-1673 (29%)$4,95670 (28%)$4,9023 (1%)$6,200
2016-1787 (32%)$4,69387 (32%)$4,5782 (1%)$5,000
2017-1887 (32%)$5,05687 (32%)$5,056--
2018-1990 (33%)$4,72987 (32%)$4,5624 (1%)$7,188
2019-2078 (29%)$5,17277 (28%)$5,2081 (0%)$2,400
2020-2144 (31%)$5,92543 (31%)$5,3153 (2%)$10,717
2021-2267 (28%)$5,47564 (26%)$5,1564 (2%)$9,205
Average80 (31.11%)$5,08178 (30.33%)$4,9153 (1.43%)$6,770
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