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.
Uncover the various financial aid options provided by MCC and determine which ones you may be eligible for by continuing your exploration.
Meridian Community College average financial aid offer for freshmen students is $4,968.00. 91% of first-year students are awarded financial aid, primarily comprising 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.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Meridian Community College.
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 pertain to assistance that is supplied by Meridian Community College.
52% of incoming freshmen (334 total) were awarded scholarships at Meridian Community College, averaging $2,558.00 a piece. This puts it in the bottom 50th percentile among colleges and universities nationwide.
In addition to scholarships, 61% of first years (394 total) were awarded federal grant aid, averaging $4,974.00 each.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 55.35% | $5,781.00 |
| Income 30k-48k | 0.16% | $6,195.00 |
| Income 48k-75k | 0.00% | $0.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
582 MCC undergrads obtain grant aid (this is about 91% of the entire undergraduate student population). The average amount these students receive is $4,968.00.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.