by our College Data Analytics TeamThe total cost of attendance at Marion Technical College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Curious about the financial aid opportunities at MTC and what you may be eligible for? Explore the answers here.
$4,311.00 is the typical Marion Technical College’s first year financial aid package. A significant 86% of freshmen benefit from financial aid, with the main type being loans.
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.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Marion Technical College you may end up taking on.
In addition to scholarships, 81% of first years (151 total) were awarded federal grant aid, averaging $3,597.00 each.
The numbers plus the graph following refer to mainly federal grants, and some local and state grants.
81% of first-year students at Marion Technical College (151 total) obtained a federal grant, averaging $3,597.00.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 32.62% | $5,329.00 |
| Income 30k-48k | 11.23% | $5,773.00 |
| Income 48k-75k | 11.76% | $2,556.00 |
| Income 75k-110k | 4.81% | $902.00 |
| Income 110k + | 2.67% | $385.00 |
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.
Of the 187 undergraduate students at Marion Technical College around 86% (154 total) receive some form of grant aid. The typical amount awarded was $4,311.00.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.