by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Uncover the various financial aid options provided by MTC and determine which ones you may be eligible for by continuing your exploration.
Midlands Technical College average financial aid offer for freshmen students is $5,988.00. Approximately 93% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Midlands Technical College you may end up taking on.
As well as scholarships, 80% of freshmen (1312 total) obtained a federal grant, for about $3,349.00 a piece.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
80% of first years at Midlands Technical College (1312 total) obtained a federal grant, averaging $3,349.00.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 29.21% | $8,150.00 |
| Income 30k-48k | 12.11% | $7,864.00 |
| Income 48k-75k | 13.76% | $5,683.00 |
| Income 75k-110k | 12.29% | $4,682.00 |
| Income 110k + | 13.63% | $4,961.00 |
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.
1529 MTC undergrads obtain grant aid (this is about 93% of the entire undergraduate student population). The average amount these students receive is $5,988.00.
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.