by our College Data Analytics TeamA lot of students will not be asked to pay 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 cost of going to College of Micronesia-FSM can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does COM-FSM deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to learn how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from College of Micronesia-FSM.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at College of Micronesia-FSM, 98% of entering full-time freshmen got some type of financial assistance (about 469 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $4,200 |
| Institutional grants & scholarships | 13% | $879 |
| Federal Pell grants | 98% | $3,656 |
| State/local grants | 17% | $1,058 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 84% of undergraduate students received gift aid averaging $3,447 (for some 1455 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $3,447 |
| Federal Pell grants | 79% | $3,271 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $3,656.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,010 |
| $30,001 – $75,000 | $7,357 |
| Over $75,000 | $7,837 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $6,789 |
| Off-campus title-IV students | $7,012 |
For a customized cost estimate, visit COM-FSM’s official net price calculator: comfsm.fm/fao/NetPriceCalculator/npcalc.htm.
The Department of Education computes summary indicators that describe debt outcomes at a glance. COM-FSM.
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $9,230 |
| Average GI Bill amount per recipient | $1,538 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.