by our College Data Analytics TeamA large number of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Marion Technical College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can MTC deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Marion Technical College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Marion Technical College, 91% of first-year full-time students received aid of some kind (about 215 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $4,659 |
| Institutional grants & scholarships | 16% | $935 |
| Federal Pell grants | 43% | $5,162 |
| State/local grants | 38% | $2,877 |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at MTC, some 64% of undergrads got grants or scholarships worth on average $4,189 (for some 521 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $4,189 |
| Federal Pell grants | 39% | $3,229 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $4,190.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,197 |
| $30,001 – $75,000 | $5,505 |
| Over $75,000 | $8,756 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,831 |
| Off-campus title-IV students | $5,114 |
For an estimate tailored to your family circumstances, see MTC’s NPC: www.mariontc.edu/wp-content/uploads/2023/09/calculator-1.html.
Federal data publishes pre-calculated indicators that summarize debt outcomes. MTC.
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $96,615 |
| Average GI Bill amount per recipient | $3,332 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $2,400 |
| Average DoD amount per recipient | $1,200 |
References
More about our data sources and methodologies.