by our College Data Analytics TeamThe majority of 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 price of attendance at Manchester Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial assistance solutions will MCC provide, and just what are you going to be eligible for? Read on for answers. Scroll down to discover how much school funding could be available 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 Manchester Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Manchester Community College, 70% of the incoming full-time class was awarded financial aid roughly 186 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 54% | $7,130 |
| Institutional grants & scholarships | 16% | $603 |
| Federal Pell grants | 36% | $6,956 |
| State/local grants | 42% | $2,722 |
| Federal student loans | 33% | $5,600 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At MCC, roughly 47% of undergraduates were awarded an average grant or scholarship of $6,294 (across roughly 945 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 47% | $6,294 |
| Federal Pell grants | 25% | $7,170 |
| Federal student loans | 26% | $6,362 |
For students living on campus and receiving title-IV aid, grants averaged $6,560.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,266 |
| $30,001 – $75,000 | $16,999 |
| Over $75,000 | $17,069 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $14,143 |
| Off-campus title-IV students | $13,846 |
For an estimate tailored to your family circumstances, see MCC’s online cost calculator: www.mccnh.edu/affordability/financial-aid/net-price-calculator/.
The middle student in the debt distribution at MCC owes $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $15,060 |
| Typical 10-year monthly payment (graduates) | $159.66/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at MCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,250 |
| 25th percentile | $3,500 |
| 75th percentile | $15,000 |
| 90th percentile (highest-debt students) | $25,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $8,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $7,929 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,775 |
| Independent students | $11,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. MCC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at MCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9432 |
| Total Stafford loan amount | $120,773,008 |
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 | 55 |
| Total GI Bill amount | $216,422 |
| Average GI Bill amount per recipient | $3,935 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 7 |
| Total DoD amount | $11,610 |
| Average DoD amount per recipient | $1,659 |
References
More about our data sources and methodologies.