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County College of Morris Financial Aid & Scholarships

63% Freshmen Get Financial Aid
$5,388 Average Grant & Scholarship
38% Undergrads Get Grant Aid

A large number of students will never be charged 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 sum total of attendance at County College of Morris can sound overwhelming, but bear in mind that many students get some type of financial aid.

Just what financial aid solutions can County College of Morris deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see what amount of financial assistance could be accessible to you.

Importance of County College of Morris Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from County College of Morris.

Typical First Year Financial Aid at County College of Morris

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

At County College of Morris, 63% of first-year full-time students received aid of some kind roughly 587 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)54%$6,306
Institutional grants & scholarships9%$1,218
Federal Pell grants37%$5,506
State/local grants40%$3,048
Federal student loans20%$4,850

Free Money: Grants and Scholarships at County College of Morris

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, about 38% of undergrads got grants or scholarships worth on average $5,388 (for some 2316 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)38%$5,388
Federal Pell grants27%$4,531
Federal student loans14%$4,743

Title-IV recipients living on campus saw average grant aid of $6,138.

Income-Adjusted Net Price at County College of Morris

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$6,416
$30,001 – $75,000$8,455
Over $75,000$14,082

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

What a Degree Really Costs at County College of Morris

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.

CohortAverage Net Price
On-campus title-IV students$8,895
Off-campus title-IV students$9,259

For an estimate tailored to your family circumstances, see County College of Morris’s net price tool: www.ccm.edu/wp-content/uploads/2024/03/index.html.

What Students Owe at County College of Morris

The median federal debt load at County College of Morris comes to $5,750 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,750
Median federal debt (graduates only)$9,000
Typical 10-year monthly payment (graduates)$95.41/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

The Range of Student Debt at this School

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at County College of Morris.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$3,500
75th percentile$10,000
90th percentile (highest-debt students)$14,500

Debt Outcomes by Student Group at County College of Morris

Median debt varies by family income, by first-generation status, and by dependency status.

Debt by Income Tier

Income tierMedian federal debt
Low income$4,500
Middle income$5,500
High income$7,026

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$5,768
Continuing-generation students$5,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$6,020
Independent students$5,500

Calculated Debt-Outcome Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at County College of Morris.

Federal Loan Volume at County College of Morris

The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at County College of Morris:

MetricValue
Stafford loan recipients9091
Total Stafford loan amount$69,388,146

GI Bill and DoD Benefits at County College of Morris

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients67
Total GI Bill amount$295,103
Average GI Bill amount per recipient$4,405

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients1
Total DoD amount$4,000
Average DoD amount per recipient$4,000

County College of Morris Financial Aid Resources

References

More about our data sources and methodologies.

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