Scholarships, Grants, and Loan Trends at Massachusetts Bay CC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,771, which is 39.78 % of all undergraduate students. 666 students which is 14.44% of undergraduate students received federal student loans and the average loan amount is $3,755.
For full-time, first-time beginning students (freshmen), 59.89% of students received grants or scholarships and 22% 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 Massachusetts Bay Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,771, which is 39.78 % of all undergraduate students. 666 students which is 14.44% of undergraduate students received federal student loans and the average loan amount is $3,755.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,002 (37%)$3,3931,645 (31%)$3,3371,037 (19%)$3,773
2014-151,968 (37%)$3,2581,509 (28%)$3,317811 (15%)$3,946
2015-161,777 (37%)$3,1081,280 (26%)$3,282657 (14%)$3,582
2016-171,589 (33%)$3,3021,062 (22%)$3,420599 (12%)$3,865
2017-181,781 (38%)$5,0051,158 (25%)$3,660919 (20%)$3,053
2018-191,631 (37%)$3,8551,058 (24%)$3,771581 (13%)$3,887
2019-201,663 (41%)$3,779974 (24%)$3,788536 (13%)$3,959
2020-211,741 (46%)$3,657854 (23%)$3,758445 (12%)$3,879
2021-221,784 (52%)$4,844852 (25%)$3,698409 (12%)$3,848
Average1,771 (39.78%)$3,8001,155 (25.33%)$3,559666 (14.44%)$3,755

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

For the last 10 years, on average, 319 (59.89 % of students) received grants or scholarships and its average amount is $4,697. It can cover 44.48% of tuition & fees ($10,560) based on out-of-state rate.
In addition, 122 (22.33 % of students) students get helped from the students loans (average amount : $4,197).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14376 (57%)$4,321192 (29%)$4,647
2014-15362 (56%)$4,189141 (22%)$4,504
2015-16321 (56%)$4,188103 (18%)$4,183
2016-17302 (53%)$4,397106 (19%)$4,335
2017-18305 (55%)$4,783158 (29%)$3,526
2018-19281 (53%)$4,981111 (21%)$4,067
2019-20332 (64%)$4,867129 (25%)$4,254
2020-21298 (73%)$4,24781 (20%)$4,088
2021-22295 (72%)$6,30174 (18%)$4,167
Average319 (59.89%)$4,697122 (22.33%)$4,197
*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, 229 (41.89 % of students) received Pell (federal) grants and its average amount is $4,448.
In addition, 254 students received State/local government grants/scholarships (47.00 % 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
2013-14316 (48%)$4,10681 (12%)$179306 (47%)$1,022--
2014-15287 (44%)$4,138128 (20%)$127301 (46%)$1,00514 (2%)$714
2015-16240 (42%)$4,27646 (8%)$357287 (50%)$99124 (4%)$719
2016-17225 (40%)$4,33091 (16%)$316260 (46%)$1,15026 (5%)$1,004
2017-18239 (43%)$4,54149 (9%)$639215 (39%)$1,51022 (4%)$791
2018-19212 (40%)$4,63962 (12%)$550259 (49%)$1,40415 (3%)$1,225
2019-20219 (42%)$4,553202 (39%)$534277 (53%)$1,65655 (11%)$949
2020-21160 (39%)$4,603271 (66%)$597192 (47%)$1,68932 (8%)$1,339
2021-22160 (39%)$4,849251 (62%)$2,975186 (46%)$1,65510 (2%)$2,859
Average229 (41.89%)$4,448131 (27.11%)$697254 (47.00%)$1,34225 (4.88%)$1,200
*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, 122 (22.33 % of students) get any students loan help and its average loan amount is $122.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14192 (29%)$4,647186 (28%)$4,15514 (2%)$8,527
2014-15141 (22%)$4,504137 (21%)$4,2998 (1%)$5,762
2015-16103 (18%)$4,183102 (18%)$4,0014 (1%)$5,664
2016-17106 (19%)$4,335104 (18%)$4,2705 (1%)$3,094
2017-18158 (29%)$3,526153 (28%)$3,3097 (1%)$7,256
2018-19111 (21%)$4,067109 (20%)$3,9003 (1%)$8,763
2019-20129 (25%)$4,254129 (25%)$4,1802 (0%)$4,775
2020-2181 (20%)$4,08879 (19%)$3,9763 (1%)$5,683
2021-2274 (18%)$4,16772 (18%)$3,9935 (1%)$4,176
Average122 (22.33%)$4,197119 (21.67%)$4,0096 (1.13%)$5,967
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