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What is the average loan amount at Maine College of Art & Design?

For the academic year 2022-2023, total 82 full-time, first-time students (79% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 307 students (75% of all students) have received federal student loans and the average loan amount is $6,559 at Maine College of Art & Design.

Below tables show the number and amount by source of financial aid at Maine College of Art & Design.
All Undergraduate Student Financial Aid at Maine College of Art & Design
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid407100%$19,763
Pell Grants13333%$4,977
Federal Student Loans30775%$6,559
Beginning Students (Freshmen) Financial Aid at Maine College of Art & Design
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid104100%-
Grants or Scholarship from All Sources104100%$20,227
Federal Grants3231%$5,697
Pell Grants3231%$4,906
Other Federal Grants3231%$791
State/Local Grants99%$2,211
Institutional Grants104100%$18,283
Student Loans8279%$13,495
Federal Student Loans7976%$5,157
Other Student Loans3332%$21,186

Know more about MECA

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