Number Received Financial Aid (All Undergraduate)
8,190
Percent Received Financial Aid(All Undergraduate)
47%
Average Aid Amount
$6,052
Number Received Financial Aid (Freshmen)
941
Percent Received Financial Aid (Freshmen)
63%
Financial Aid Information at Montgomery
For the academic year 2021-2022, a total of 8,190 students (47% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $6,052. For freshmen (Full-time, first-time degree-seeking undergraduate students), 941 students (63% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Montgomery College is $10,398 for Maryland residents and $14,250 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 8,190 students (47% of all students) have received grants or scholarships and the average received aid amount is $6,052. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Montgomery College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 8,190 | 47% | $6,052 |
| Pell Grants | 4,304 | 25% | $3,692 |
| Federal Student Loans | 1,002 | 6% | $6,019 |
Beginning Students Financial Aid
a total of 941 beginning students (63% of all freshmen) have received any financial aid and 904 students (61% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Montgomery College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 941 | 63% | - |
| Grants or Scholarship from All Sources | 880 | 59% | $7,344 |
| Federal Grants | 739 | 50% | $6,003 |
| Pell Grants | 561 | 38% | $4,807 |
| Other Federal Grants | 506 | 34% | $3,438 |
| State/Local Grants | 418 | 28% | $2,552 |
| Institutional Grants | 561 | 38% | $1,711 |
| Student Loans | 81 | 5% | $5,699 |
| Federal Student Loans | 75 | 5% | $5,139 |
| Other Student Loans | 6 | 0% | $12,699 |
Student Headcounts by Tuition Rates
For academic year 2021-2022, total 67 have paid in-state tuition rates (5% of undergraduate students) and 102 students (7%) have paid the tuition & fee based on out-of-state rates at Montgomery College.
| Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
|---|---|---|---|
| In-State Rate | 67 | 5% | $10,398 |
| Out-of-State Rate | 102 | 7% | $14,250 |
Students Headcount by Living Status
For academic year 2021-2022, total 747 full-time beginning students have enrolled and attended Montgomery College. Among them, 0 students have lived on campus and 143 students lived off campus (without family). The following table shows the students count by living status and years.
| Living Status | 2019 | 2020 | 2021 |
|---|---|---|---|
| Living On-Campus | 0 | 0 | 0 |
| Living Off-Campus with Family | 906 | 751 | 543 |
| Living Off-Campus without Family | 202 | 205 | 143 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 570 | 550 | $3,808,882 | $6,682 |
| $0 - $30,000 | 276 | 276 | $2,081,422 | $7,541 |
| $30,001 - $48,000 | 132 | 132 | $931,660 | $7,058 |
| $48,001 - $75,000 | 120 | 118 | $688,924 | $5,741 |
| $75,001 - $110,000 | 34 | 22 | $98,182 | $2,888 |
| $110,001 or more | 8 | 2 | $8,694 | $1,087 |
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