by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
What financial aid options does Morgan Community College offer, and what will you qualify for? Keep scrolling for answers.
$7,032.00 is the typical Morgan Community College’s first year financial aid package. Financial aid is provided to about 94% of first-year students, with the bulk of support coming in the form of grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Morgan Community College.
In addition to scholarships, 87% of first-year students (68 total) got federal grant aid, averaging $4,628.00 per person.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
87% of freshmen at Morgan Community College (68 total) received a federal grant, averaging $4,628.00.
Amount of Financial Assistance Per Income Level
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.64% | $10,699.00 |
| Income 30k-48k | 15.38% | $9,584.00 |
| Income 48k-75k | 7.69% | $7,165.00 |
| Income 75k-110k | 12.82% | $5,934.00 |
| Income 110k + | 1.28% | $1,000.00 |
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.
94% of the 78 undergraduates at Morgan Community College receive some sort of grant aid. This is a total of about 73 students getting an average of $7,032.00 per person.Most of them are distributed as 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.