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Massasoit Community College Financial Aid & Scholarships

74% Freshmen Get Financial Aid
$4,669 Average Grant & Scholarship
49% Undergrads Get Grant Aid

A lot of students are not billed 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 price tag of going to Massasoit Community College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

What financing options does Massasoit Community College offer, and what will you qualify for? Keep scrolling for more information. Keep reading to learn how much school funding will be available to you.

Why You Should Understand Massasoit Community College Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Massasoit Community College.

Typical First Year Financial Aid at Massasoit 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. However, some types of aid are more desirable than others, and some students will receive more than others.

At Massasoit Community College, 74% of new full-time first-years were awarded at least some aid roughly 341 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)67%$6,224
Institutional grants & scholarships30%$759
Federal Pell grants47%$5,138
State/local grants60%$2,457
Federal student loans9%$5,016

Scholarship and Grant Awards at Massasoit Community College

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Massasoit Community College, approximately 49% of undergraduates were awarded an average grant or scholarship of $4,669 (for some 2440 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)49%$4,669
Federal Pell grants28%$4,195
Federal student loans6%$5,212

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,444.

What Families Pay by Income at Massasoit Community College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$6,259
$30,001 – $75,000$7,211
Over $75,000$12,258

The numbers above are post-aid net prices, so they already account for grants and scholarships.

What a Degree Really Costs at Massasoit Community College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$8,460
Off-campus title-IV students$7,718

To project your own net price, use Massasoit Community College’s official net price calculator: www.massasoit.edu/enrollment/paying-for-college/financial-aid/net-price-calculator/.

How Much Students Borrow at Massasoit Community College

The median federal debt load at Massasoit Community College comes to $5,567 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,567
Median federal debt (graduates only)$10,000
Typical 10-year monthly payment (graduates)$106.02/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

The Full Range of Student Debt

A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Massasoit Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,463
25th percentile$2,750
75th percentile$9,246
90th percentile (highest-debt students)$14,035

Median Debt by Student Group at Massasoit Community College

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$5,562
Middle income$5,500
High income$6,229

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$5,577
Continuing-generation students$5,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$5,500
Independent students$6,589

Is the Debt Manageable?

A handful of calculated indicators summarize the debt outlook at Massasoit Community College.

Federal Stafford Lending at Massasoit Community College

Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Massasoit Community College:

MetricValue
Stafford loan recipients8518
Total Stafford loan amount$63,618,418

Veterans Benefits at Massasoit Community College

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients127
Total GI Bill amount$502,951
Average GI Bill amount per recipient$3,960

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$2,952
Average DoD amount per recipient$1,476

External Resources for Massasoit Community College

References

More about our data sources and methodologies.

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