Number Received Financial Aid (All Undergraduate)
365
Percent Received Financial Aid(All Undergraduate)
84%
Average Aid Amount
$9,452
Number Received Financial Aid (Freshmen)
185
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at IBMC
For the academic year 2021-2022, a total of 365 students (84% 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), 185 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at IBMC College is $15,320, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 365 students (84% 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 | 365 | 84% | $9,452 |
| Pell Grants | 335 | 77% | $3,200 |
| Federal Student Loans | 365 | 84% | $7,020 |
Beginning Students Financial Aid
a total of 185 beginning students (100% of all freshmen) have received any financial aid and 180 students (97% 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 | 185 | 100% | - |
| Grants or Scholarship from All Sources | 165 | 89% | $3,092 |
| Federal Grants | 148 | 80% | $3,004 |
| Pell Grants | 140 | 76% | $3,165 |
| Other Federal Grants | 8 | 4% | $189 |
| State/Local Grants | 24 | 13% | $902 |
| Institutional Grants | 63 | 34% | $698 |
| Student Loans | 130 | 70% | $7,154 |
| Federal Student Loans | 130 | 70% | $7,154 |
| Other Student Loans | 0 | 0% | $0 |
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