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Miller-Motte College-McCann-Monroe Paying for Your Degree

61% Freshmen Get Financial Aid
$5,277 Average Grant & Scholarship
78% Undergrads Get Grant Aid

A lot 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 total price of attendance at Miller-Motte College-McCann-Monroe can feel tremendous, but do not forget that almost all students receive some sort of financial help.

What financing options does McCann School of Business & Technology offer, and what will you qualify for? Keep scrolling for more information. Keep reading to find out how much school funding will be available to you.

Understanding McCann School of Business & Technology Financial Aid Info

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Miller-Motte College-McCann-Monroe.

Typical First Year Financial Aid at Miller-Motte College-McCann-Monroe

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.

Looking at the entering class at Miller-Motte College-McCann-Monroe, 61% of new full-time first-years were awarded at least some aid roughly 11 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)22%$5,832
Institutional grants & scholarships0%
Federal Pell grants22%$5,682
State/local grants11%$300
Federal student loans22%$8,239

Scholarships and Grants at Miller-Motte College-McCann-Monroe

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At McCann School of Business & Technology, approximately 78% of undergraduates were awarded an average grant or scholarship of $5,277 (among about 109 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)78%$5,277
Federal Pell grants61%$5,486
Federal student loans61%$8,243

For students living on campus and receiving title-IV aid, grants averaged $9,544.

How Cost Varies by Income at Miller-Motte College-McCann-Monroe

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$20,440
$30,001 – $75,000$16,131

The numbers above are post-aid net prices, so they already account for grants and scholarships.

The Real Cost of Attending Miller-Motte College-McCann-Monroe

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$20,773
Off-campus title-IV students$20,440

To project your own net price, use McCann School of Business & Technology’s official net price calculator: www.mccann.edu/NetPrice/Monroe/.

Student Debt Levels at Miller-Motte College-McCann-Monroe

The median student at McCann School of Business & Technology graduates with $10,661 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$10,661
Median federal debt (graduates only)$15,917
Typical 10-year monthly payment (graduates)$168.75/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Range of Student Debt at this School

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at McCann School of Business & Technology.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,530
25th percentile$6,333
75th percentile$13,000
90th percentile (highest-debt students)$16,500

How Debt Outcomes Vary by Student Group at Miller-Motte College-McCann-Monroe

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$10,657
Middle income$11,457
High income$9,111

By First-Generation Status

CohortMedian federal debt
First-generation students$10,587
Continuing-generation students$12,139

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$9,500
Independent students$11,943

At-a-Glance Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at McCann School of Business & Technology.

Stafford Loan Activity at Miller-Motte College-McCann-Monroe

Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at McCann School of Business & Technology:

MetricValue
Stafford loan recipients126669
Total Stafford loan amount$1,878,020,953

References

More about our data sources and methodologies.

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