Number Received Financial Aid (All Undergraduate)
325
Percent Received Financial Aid(All Undergraduate)
85%
Average Aid Amount
$9,452
Number Received Financial Aid (Freshmen)
165
Percent Received Financial Aid (Freshmen)
89%
Financial Aid Information at IBMC
For the academic year 2023-2024, a total of 325 students (85% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $9,452. For freshmen (Full-time, first-time degree-seeking undergraduate students), 165 students (89% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at IBMC College is $15,300, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 325 students (85% of all students) have received grants or scholarships and the average received aid amount is $9,452. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at IBMC College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 325 | 85% | $9,452 |
| Pell Grants | 310 | 81% | $3,252 |
| Federal Student Loans | 322 | 84% | $7,085 |
Beginning Students Financial Aid
a total of 165 beginning students (89% of all freshmen) have received any financial aid and 160 students (86% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at IBMC College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 165 | 89% | - |
| Grants or Scholarship from All Sources | 151 | 82% | $2,966 |
| Federal Grants | 144 | 78% | $2,581 |
| Pell Grants | 137 | 74% | $2,703 |
| Other Federal Grants | 7 | 4% | $189 |
| State/Local Grants | 45 | 24% | $902 |
| Institutional Grants | 51 | 28% | $698 |
| Student Loans | 124 | 67% | $7,154 |
| Federal Student Loans | 124 | 67% | $7,154 |
| Other Student Loans | 0 | 0% | - |
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