univstats

How many students are received any financial aid at Mineral Area College?

For the academic year 2022-2023, total 472 full-time, first-time students (95% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 1,722 students (75% of all students) received grants or scholarships and the average grant amount is $3,877. In addition, 246 students received student loans and the average loan amount is $5,475.

Below tables show the number and amount by source of financial aid at Mineral Area College.
All Undergraduate Student Financial Aid at Mineral Area College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,72275%$3,877
Pell Grants80035%$4,360
Federal Student Loans24611%$5,475
Beginning Students (Freshmen) Financial Aid at Mineral Area College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid47295%-
Grants or Scholarship from All Sources46494%$5,553
Federal Grants24149%$5,099
Pell Grants24149%$5,038
Other Federal Grants5511%$266
State/Local Grants32666%$2,815
Institutional Grants10722%$4,019
Student Loans479%$4,900
Federal Student Loans479%$4,900
Other Student Loans00%$0

What is the Financial aid?

Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.

Know more about MAC

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