by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
What financial aid options does Central Maine Technical College offer, and what will you qualify for? Keep scrolling for answers.
Central Maine Community College average financial aid offer for freshmen students is $6,314.00. 83% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Central Maine Community College you may end up taking on.
In addition to scholarships, 62% of first years (348 total) were awarded federal grant aid, averaging $5,924.00 each.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
62% of freshmen at Central Maine Community College (348 total) received a federal grant, averaging $5,924.00.
Amount of Financial Assistance Per Income Level
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 31.73% | $6,093.00 |
| Income 30k-48k | 13.90% | $5,346.00 |
| Income 48k-75k | 9.98% | $2,347.00 |
| Income 75k-110k | 0.71% | $283.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows 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.
404 Central Maine Technical College undergrads obtain grant aid (this is about 83% of the entire undergraduate student population). The average amount these students receive is $6,314.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.