$2,656

Avg. Federal Grant

N/A

Avg. Federal Loan

$380,738

Total Aid Awarded

Keweenaw Bay Ojibwa Community College (KBOCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$380.738K

Financial Aid Official Website

www.kbocc.edu/financial-aid/

It is interesting to note that, every year, around 82% of students at KBOCC receive some kind of financial aid. At KBOCC, the total percentage of applicants who receive the Federal Grant stands at 55%. Meanwhile, 82% of the applicants receive the Student Grant and 18% are awarded the Institution Grant, while 55% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,505. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

90%

State Grant Aid

N/A

Institution Grant Aid

10%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$2,656

State Grant Aid

N/A

Institution Grant Aid

$300

Pell Grant

$3,618

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,960

$30,001 - $48,000

$5,570

$48,001 - $75,000

$2,148

$75,001 - $110,000

N/A

Over $110,000

N/A

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