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.
What amount of Mount Marty financial assistance will actually be available to you?Get answers to your questions here.
Mount Marty University average financial aid offer for freshmen students is $22,287.00. Approximately 97% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Mount Marty University you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The following numbers apply to scholarships and grants largely offered by the school itself.
96% of first-year students (111 total) were offered scholarships at Mount Marty University, averaging $19,528.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 88% of freshmen (102 total) obtained a federal grant, for about $3,042.00 a piece.
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 | 13.79% | $23,771.00 |
| Income 30k-48k | 11.21% | $25,160.00 |
| Income 48k-75k | 7.76% | $22,557.00 |
| Income 75k-110k | 18.97% | $19,100.00 |
| Income 110k + | 25.00% | $20,029.00 |
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.
97% of the 116 undergraduates at Mount Marty University receive some sort of grant aid. This is a total of about 112 students getting an average of $22,287.00 per person.
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.