by our College Data Analytics TeamA lot 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 cost of going to Mariano Moreno Culinary Institute can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financing options does Mariano Moreno Culinary Institute offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Mariano Moreno Culinary Institute.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
At Mariano Moreno Culinary Institute, 74% of first-year full-time students received aid of some kind (about 57 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $7,559 |
| Institutional grants & scholarships | 74% | $2,096 |
| Federal Pell grants | 74% | $5,463 |
| State/local grants | 0% | — |
| Federal student loans | 62% | $6,696 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Mariano Moreno Culinary Institute, roughly 45% of undergraduates were awarded grant or scholarship aid averaging $7,559 (for some 81 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $7,559 |
| Federal Pell grants | 42% | $5,463 |
| Federal student loans | 39% | $6,696 |
On-campus students receiving title-IV aid were awarded grants averaging $7,587.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,954 |
| $30,001 – $75,000 | $14,291 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $11,179 |
| Off-campus title-IV students | $14,004 |
For an estimate tailored to your family circumstances, see Mariano Moreno Culinary Institute’s online cost calculator: www.mmci.edu/en/site/tuttion-fees.
Federal data publishes pre-calculated indicators that summarize debt outcomes. Mariano Moreno Culinary Institute.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Mariano Moreno Culinary Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 90 |
| Total Stafford loan amount | $599,469 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $89,507 |
| Average GI Bill amount per recipient | $14,918 |
References
More about our data sources and methodologies.