by our College Data Analytics TeamMost 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 cost of going to College of the Marshall Islands can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can College of the Marshall Islands deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to discover just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from College of the Marshall Islands.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At College of the Marshall Islands, 100% of entering full-time freshmen got some type of financial assistance roughly 216 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $7,279 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $7,279 |
| State/local grants | 0% | — |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At College of the Marshall Islands, some 89% of undergraduates were awarded an average grant or scholarship of $2,752 (across approximately 994 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $2,752 |
| Federal Pell grants | 89% | $2,752 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $7,279.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,050 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,996 |
| Off-campus title-IV students | $11,050 |
For an estimate tailored to your family circumstances, see College of the Marshall Islands’s NPC: cmi.edu/net-price-calculator/.
Federal data publishes pre-calculated indicators that summarize debt outcomes. College of the Marshall Islands.
References
More about our data sources and methodologies.