by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
What financial aid options does College of the Marshall Islands offer, and what will you qualify for? Keep scrolling for answers.
Financial Aid for First Years Students Not Known
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at College of the Marshall Islands.
As well as scholarships, 99% of freshmen (234 total) received a federal grant, for about $5,986.00 a person.
Institutional scholarships and grants for freshmen at College of the Marshall Islands are not available to us. This may happen when a school does not serve typical freshmen students but focuses on adult learners instead. If you continue reading, we may report some facts below about all undergrads.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 99.15% | $5,988.00 |
| Income 30k-48k | 0.00% | $0.00 |
| Income 48k-75k | 0.00% | $0.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 236 undergraduate students at College of the Marshall Islands around 99% (234 total) receive some form of grant aid. The typical amount awarded was $5,988.00.The largest share of which are in the guise of 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.