by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Curious about the financial aid opportunities at CMN and what you may be eligible for? Explore the answers here.
Financial Aid Information Unavailable for First-Year Students
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at College of Menominee Nation.
As well as scholarships, 93% of freshmen (13 total) obtained a federal grant, for about $2,931.00 a piece.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
93% of freshman students at College of Menominee Nation (13 total) got a federal grant, averaging $2,931.00.
Amount of Financial Assistance Per Income Level
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 57.14% | $4,525.00 |
| Income 30k-48k | 21.43% | $4,281.00 |
| Income 48k-75k | 14.29% | $4,081.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
13 CMN undergrads obtain grant aid (this is about 93% of the entire undergraduate student population). The average amount these students receive is $4,430.00.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.