by our College Data Analytics TeamA lot of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Marion Military Institute can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Marion Military Institute deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn what amount of financial assistance will be accessible 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 Marion Military Institute.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Marion Military Institute, 98% of entering full-time freshmen got some type of financial assistance around 170 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $11,105 |
| Institutional grants & scholarships | 83% | $8,630 |
| Federal Pell grants | 51% | $6,099 |
| State/local grants | 8% | $4,534 |
| Federal student loans | 32% | $4,015 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Marion Military Institute, some 95% of the undergraduate population received grant aid that averaged $11,489 (covering around 293 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $11,489 |
| Federal Pell grants | 54% | $5,737 |
| Federal student loans | 38% | $4,469 |
For students living on campus and receiving title-IV aid, grants averaged $10,116.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,546 |
| $30,001 – $75,000 | $9,550 |
| Over $75,000 | $12,800 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,627 |
| Off-campus title-IV students | $10,137 |
For an estimate tailored to your family circumstances, see Marion Military Institute’s official net price calculator: marionmilitary.edu/core/uploads/2024/12/index.html.
The median student at Marion Military Institute graduates with $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $9,250 |
| Typical 10-year monthly payment (graduates) | $98.07/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Marion Military Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $3,592 |
| 75th percentile | $11,982 |
| 90th percentile (highest-debt students) | $15,250 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $4,750 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
The figure below distills the debt data into a single burden category for Marion Military Institute.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Marion Military Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1814 |
| Total Stafford loan amount | $14,324,620 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 2 |
| Total GI Bill amount | $10,111 |
| Average GI Bill amount per recipient | $5,056 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $9,200 |
| Average DoD amount per recipient | $2,300 |
References
More about our data sources and methodologies.