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.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$4,885.00 is the typical Mayville State University’s first year financial aid package. 97% of first-year students are awarded financial aid, primarily comprising 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.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Mayville State University.
In addition to scholarships, 61% of freshman students (64 total) obtained federal grant aid, averaging $2,370.00 a piece.
The numbers and the chart below reference predominantly federal grants, as well as some local and state grants.
61% of first years at Mayville State University (64 total) obtained a federal grant, averaging $2,370.00.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 8.57% | $9,477.00 |
| Income 30k-48k | 6.67% | $7,370.00 |
| Income 48k-75k | 6.67% | $5,827.00 |
| Income 75k-110k | 15.24% | $2,890.00 |
| Income 110k + | 12.38% | $2,729.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 105 undergraduate students at Mayville State University around 97% (99 total) receive some form of grant aid. The typical amount awarded was $4,885.00.
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.