by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from MECC.
$6,145.00 is the typical Mountain Empire Community College’s first year financial aid package. A significant 98% of freshmen benefit from financial aid, with the main type being 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 student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Mountain Empire Community College you could end up dealing with.
In addition to scholarships, 94% of freshman students (297 total) obtained federal grant aid, averaging $4,345.00 a piece.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
94% of first years at Mountain Empire Community College (297 total) obtained a federal grant, averaging $4,345.00.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 45.71% | $6,833.00 |
| Income 30k-48k | 15.87% | $7,097.00 |
| Income 48k-75k | 13.97% | $5,699.00 |
| Income 75k-110k | 0.95% | $5,962.00 |
| Income 110k + | 0.00% | $0.00 |
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.
309 MECC undergrads obtain grant aid (this is about 98% of the entire undergraduate student population). The average amount these students receive is $6,145.00.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.