by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Curious about the financial aid opportunities at DMACC and what you may be eligible for? Explore the answers here.
$4,408.00 is the typical Des Moines Area Community College’s first year financial aid package. A significant 71% of freshmen benefit from financial aid, with the main type being loans.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Des Moines Area Community College.
As well as scholarships, 40% of freshmen (740 total) received a federal grant, for about $4,403.00 a person.
The numbers and the chart below reference predominantly federal grants, as well as some local and state grants.
40% of first years at Des Moines Area Community College (740 total) were awarded a federal grant, averaging $4,403.00.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 18.86% | $5,527.00 |
| Income 30k-48k | 10.73% | $5,582.00 |
| Income 48k-75k | 11.06% | $3,422.00 |
| Income 75k-110k | 6.88% | $2,072.00 |
| Income 110k + | 7.37% | $2,485.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
1066 DMACC undergrads obtain grant aid (this is about 71% of the entire undergraduate student population). The average amount these students receive is $4,408.00.The majority of which come in the form 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.