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 Monroe Community College and determine which ones you may be eligible for by continuing your exploration.
Monroe Community College average financial aid offer for freshmen students is $6,857.00. 85% 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.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Monroe Community College you may end up taking on.
As well as scholarships, 67% of freshmen (1446 total) obtained a federal grant, for about $5,345.00 a piece.
These scholarships and grants are composed of primarily federal grants, and some state and local awards.
67% of first years at Monroe Community College (1446 total) obtained a federal grant, averaging $5,345.00.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 36.65% | $9,505.00 |
| Income 30k-48k | 14.78% | $7,738.00 |
| Income 48k-75k | 11.23% | $3,948.00 |
| Income 75k-110k | 5.62% | $2,139.00 |
| Income 110k + | 1.06% | $717.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
85% of the 2172 undergraduates at Monroe Community College receive some sort of grant aid. This is a total of about 1773 students getting an average of $6,857.00 per person.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.