What Percentage of Undergrads Get Financial Assistance?
Central Maine Community College's standard financial aid package for new first years is $12,200. Around 75.0% of incoming students obtain some financial aid, most of which is in the form of scholarships and grants.
Financial aid helps reduce the expense, or the full retail price of the school. However, know that the only true discounts off the cost of college are in the form of grants and scholarships.
A student loan isn't a genuine college price reduction, but rather an additional cost consideration. See how much student loan debt from Central Maine Community College you may end up dealing with.
Amount of Central Maine Community College Grants & Scholarships
The numbers plus the chart below reference primarily federal grants, plus some local and state grants. 67.0% of first year students at Central Maine Community College (316 total) obtained a federal grant, averaging $5,292. As well as grants, 34.0% of first year students (159 total) got scholarships by the college, averaging $1,577 each.
See the average level of scholarships and grants freshmen receive by studying the chart below.
Scholarships are awarded based on merit, while grants are awarded due to need.
Financial Aid by Income Level
The chart below demonstrates scholarship and grant allocations by income for freshman students receiving any type of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 38.3% | $7,030 |
| Income 30k-48k | 13.0% | $6,181 |
| Income 48k-75k | 12.6% | $3,448 |
| Income 75k-110k | 7.9% | $1,295 |
| Income 110k + | 3.6% | $152 |
Title IV aid contains grants, loans, or work-study awarded from the government usually based on financial need. Learn more here.
The Typical Undergraduate Receiving a Scholarship or Grant Gets $4,753
70.0% of the 2,945 undergraduate students at Central Maine Community College are given some form of grant aid. A total of approximately 2,048 students receiving about $4,753 each. The majority in the form of Pell Grants.
Visit the Tuition and Fees page or the Cost Per Credit Hour page for more information.
Financial Aid Links from Central Maine Community College
| Financial Aid Department Website | https://www.cmcc.edu/admissions-aid/paying-for-college/applying-for-financial-aid/ |
| Net Price Calculator | https://www.cmcc.edu/npc/npcalc2019.html |
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