by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Interested in understanding the financial aid resources available at MCC and your eligibility? Find the answers you seek below.
McHenry County College average financial aid offer for freshmen students is $5,822.00. Approximately 55% 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.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at McHenry County College.
As well as scholarships, 50% of freshmen (272 total) received a federal grant, for about $3,828.00 a person.
The numbers and the chart below reference predominantly federal grants, as well as some local and state grants.
50% of first years at McHenry County College (272 total) obtained a federal grant, averaging $3,828.00.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 14.36% | $5,969.00 |
| Income 30k-48k | 9.21% | $5,151.00 |
| Income 48k-75k | 6.45% | $3,278.00 |
| Income 75k-110k | 0.92% | $891.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
55% of the 543 undergraduates at McHenry County College receive some sort of grant aid. This is a total of about 274 students getting an average of $5,822.00 per person.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.