by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
What financial aid options does MCU offer, and what will you qualify for? Keep scrolling for answers.
Marymount California University average financial aid offer for freshmen students is $21,581.00. Approximately 82% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Marymount California University you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The following numbers apply to scholarships and grants largely offered by the school itself.
82% of incoming freshmen (94 total) were awarded scholarships at Marymount California University, averaging $16,366.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 60% of first-year students (68 total) got a federal grant, for about $4,113.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 26.32% | $27,281.00 |
| Income 30k-48k | 7.02% | $26,059.00 |
| Income 48k-75k | 13.16% | $26,196.00 |
| Income 75k-110k | 7.02% | $19,164.00 |
| Income 110k + | 11.40% | $12,862.00 |
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 114 undergraduate students at Marymount California University around 82% (94 total) receive some form of grant aid. The typical amount awarded was $21,581.00.
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.