by our College Data Analytics TeamThe majority of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Mercer County Technical Education Center can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can Mercer County Technical Education Center offer you, and what will you qualify for? Keep reading for more information. Read on to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Mercer County Technical Education Center.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Mercer County Technical Education Center, 80% of first-year full-time students received aid of some kind (about 33 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $6,484 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $6,067 |
| State/local grants | 15% | $2,290 |
| Federal student loans | 0% | — |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Mercer County Technical Education Center, some 82% of undergraduate students received gift aid averaging $6,463 (among about 89 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $6,463 |
| Federal Pell grants | 62% | $6,695 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $8,023.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,658 |
| $30,001 – $75,000 | $4,467 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $2,225 |
| Off-campus title-IV students | $3,658 |
To get a personalized net price estimate, try Mercer County Technical Education Center’s net price calculator: mcboe.us/calc/.
A handful of calculated indicators summarize the debt outlook at Mercer County Technical Education Center.
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.