by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Interested in understanding the financial aid resources available at MJC and your eligibility? Find the answers you seek below.
Financial Aid for First Years Students Not Known
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.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Modesto Junior College.
As well as scholarships, 48% of first-year students (804 total) got a federal grant, for about $5,171.00 per person.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
48% of freshmen at Modesto Junior College (804 total) received a federal grant, averaging $5,171.00.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 27.71% | $7,960.00 |
| Income 30k-48k | 11.10% | $7,744.00 |
| Income 48k-75k | 7.92% | $4,838.00 |
| Income 75k-110k | 1.68% | $3,283.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
1471 MJC undergrads obtain grant aid (this is about 88% of the entire undergraduate student population). The average amount these students receive is $4,564.00.The majority of which come in the form of 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.