Understanding Brown Mackie College - Merrillville's Financial Aid Information
The level of financial assistance you will receive, which includes scholarships, grants and loans, is going to be based upon your need. The information available here will tell you how much you will likely obtain from Brown Mackie College - Merrillville based on your family's income level and other factors.
How Many Students Get Financial Assistance?
$13,381 is the standard Brown Mackie College - Merrillville's freshman financial aid plan. Around 80.0% of incoming students receive financial aid, most of which is loans.
Financial aid helps decrease the expense, or the "sticker" price of the school. However, know that the only true discounts off the cost of college are in the form of grants and scholarships.
Student debt ought to be regarded as an "outcome" instead of "aid". Find more on student loan debt at Brown Mackie College - Merrillville.
How Much Brown Mackie College - Merrillville Aid is Offered That I Don't Have to Pay Back?
The following grants and scholarships are made up of mainly federal grants, as well as some local and state grants. 77.0% of first year students at Brown Mackie College - Merrillville (34 total) obtained a federal grant, averaging $5,533. In addition to grants, 9.0% of first year students (4 total) got scholarships by the college, averaging $1,553 per person.
The chart below shows the typical amount of grand and scholarship aid distributed to all first year students.
Scholarships are merit-based, while grants are given based on financial need.
How Income Level Affects Financial Aid
The chart following shows scholarship and grant distributions by family income for first year getting any form of federally-funded Title IV aid, such as Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||0.0%||N/A|
The graph above displays students who are receiving Title IV aid which is federal assistance from the government in the form of grants, loans, and work study. Learn more.
The Typical Undergraduate Receiving a Grant or Scholarship Will get $4,410
87.0% of the 512 undergraduate students at Brown Mackie College - Merrillville qualify for some type of grant aid. A total around 446 students obtaining an average of $4,410 per person. The majority in the form of Pell Grants.
Brown Mackie College - Merrillville Financial Aid Information
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