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What is the average loan amount at Mid Michigan College?

For the academic year 2022-2023, total 67 full-time, first-time students (25% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 582 students (18% of all students) have received federal student loans and the average loan amount is $6,366 at Mid Michigan College.

Below tables show the number and amount by source of financial aid at Mid Michigan College.
All Undergraduate Student Financial Aid at Mid Michigan College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,14565%$5,760
Pell Grants1,10634%$3,697
Federal Student Loans58218%$6,366
Beginning Students (Freshmen) Financial Aid at Mid Michigan College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid263100%-
Grants or Scholarship from All Sources263100%$7,392
Federal Grants263100%$5,871
Pell Grants15057%$5,067
Other Federal Grants263100%$2,982
State/Local Grants8432%$3,966
Institutional Grants5119%$1,311
Student Loans6725%$5,713
Federal Student Loans6324%$5,526
Other Student Loans52%$6,920

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