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 sum total of attendance at Madisonville Community College can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can Madisonville Community College offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Madisonville Community College.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Madisonville Community College, 98% of entering full-time freshmen got some type of financial assistance approximately 278 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $7,349 |
| Institutional grants & scholarships | 31% | $2,317 |
| Federal Pell grants | 65% | $5,331 |
| State/local grants | 95% | $2,949 |
| Federal student loans | 11% | $5,011 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 80% of the undergraduate population received grant aid that averaged $3,815 (across approximately 2822 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $3,815 |
| Federal Pell grants | 30% | $4,465 |
| Federal student loans | 10% | $5,625 |
Title-IV recipients living on campus saw average grant aid of $8,505.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,594 |
| $30,001 – $75,000 | $6,238 |
| Over $75,000 | $9,379 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,406 |
| Off-campus title-IV students | $5,782 |
For a personalized estimate based on your family’s financial situation, use Madisonville Community College’s NPC: madisonville.kctcs.edu/affording-college/net-price-calculator/index.aspx.
The middle student in the debt distribution at Madisonville Community College owes $5,853 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,853 |
| Median federal debt (graduates only) | $8,450 |
| Typical 10-year monthly payment (graduates) | $89.58/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Madisonville Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,500 |
| 25th percentile | $2,750 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $19,422 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,471 |
| Middle income | $5,250 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,614 |
| Continuing-generation students | $7,464 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,459 |
| Independent students | $6,426 |
These indicators are derived from the underlying debt data and summarize the overall picture at Madisonville Community College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Madisonville Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5699 |
| Total Stafford loan amount | $53,768,748 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 63 |
| Total GI Bill amount | $740,469 |
| Average GI Bill amount per recipient | $11,753 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $2,502 |
| Average DoD amount per recipient | $834 |
References
More about our data sources and methodologies.