by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Mid Michigan College.
Mid Michigan College average financial aid offer for freshmen students is $6,128.00. 89% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
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.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Mid Michigan College.
As well as scholarships, 76% of freshmen (357 total) received a federal grant, for about $4,052.00 a person.
These scholarships and grants are composed of primarily federal grants, and some state and local awards.
76% of freshman students at Mid Michigan College (357 total) got a federal grant, averaging $4,052.00.
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 | 37.04% | $7,423.00 |
| Income 30k-48k | 14.78% | $6,786.00 |
| Income 48k-75k | 10.06% | $3,507.00 |
| Income 75k-110k | 4.07% | $1,216.00 |
| Income 110k + | 0.43% | $78.00 |
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.
357 Mid Michigan College undergrads obtain grant aid (this is about 89% of the entire undergraduate student population). The average amount these students receive is $6,128.00.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.