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.
What amount of McDowell Technical Community College financial assistance will actually be available to you?Get answers to your questions here.
Financial Aid for First Years Students Not Known
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from McDowell Technical Community College you may end up taking on.
As well as scholarships, 83% of freshmen (66 total) obtained a federal grant, for about $5,878.00 a piece.
These scholarships and grants are composed of primarily federal grants, and some state and local awards.
83% of freshman students at McDowell Technical Community College (66 total) got a federal grant, averaging $5,878.00.
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 | 48.75% | $6,815.00 |
| Income 30k-48k | 18.75% | $5,507.00 |
| Income 48k-75k | 2.50% | $5,116.00 |
| Income 75k-110k | 1.25% | $4,781.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
69 McDowell Technical Community College undergrads obtain grant aid (this is about 86% of the entire undergraduate student population). The average amount these students receive is $5,868.00.Most of them are distributed as 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.