What is in a Normal Financial Aid Plan at Des Moines Area Community College
Des Moines Area Community College's average financial aid deal for newly arriving freshmen is $8,638. Around 53.0% of new students get some type of financial aid, most of which is scholarships and grants.
A financial aid package includes scholarships, grants, and student loans. However, loans need to be paid off, so they aren't a real discount.
A student loan is not a genuine college discount, but rather an additional cost consideration. Find out how much student loan debt from Des Moines Area Community College you may end up taking on.
How Much Des Moines Area Community College Aid Will I Get That Won't Put Me in Debt?
These grants and scholarships consist of mainly federally provided grants, and some state and local grants. 42.0% of freshman students at Des Moines Area Community College (792 total) got a federal grant, averaging $4,469. As well as grants, 16.0% of freshman students (294 total) got scholarships by the college, totaling $1,322 per student.
The chart directly below reveals the typical volume of grant and scholarship aid distributed to all freshmen.
Grants are normally based on need while scholarships are based on merit or ability.
Amount of Financial Aid Per Family Income
The next chart displays scholarship and grant allocations by income level for freshmen receiving any kind of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.0% | $5,579 |
| Income 30k-48k | 10.8% | $4,880 |
| Income 48k-75k | 11.3% | $2,664 |
| Income 75k-110k | 11.4% | $785 |
| Income 110k + | 7.5% | $484 |
Education funding from the government in the form of loans, grants, and work-study is known as Title IV aid. Get more info on Title IV here..
The Average Undergrad Who Gets a Scholarship or Grant Will Get $3,770
5,413 Des Moines Area Community College undergrads receive grants (this is about 24.0% of the complete student population). The typical amount these students receive is $3,770 The most of which are in the form of Pell Grants.
Go to the Tuition and Fees page or the Cost Per Credit Hour page for details.
Financial Aid Links from Des Moines Area Community College
| Financial Aid Department Website | https://www.dmacc.edu/fin_aid/Pages/welcome.aspx |
| Net Price Calculator | https://www.dmacc.edu/fin_aid/npcalc/index.html |
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