by our College Data Analytics TeamA large number 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 sum total of attendance at Maysville Community and Technical College can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial aid options can Maysville Community and Technical College offer, and what will you qualify for? Keep reading for more information. Read on to discover 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. The information provided on this page can help you determine how much aid you may receive from Maysville Community and Technical College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Maysville Community and Technical College, 99% of entering full-time freshmen got some type of financial assistance approximately 388 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $7,443 |
| Institutional grants & scholarships | 15% | $1,988 |
| Federal Pell grants | 72% | $5,760 |
| State/local grants | 94% | $3,014 |
| Federal student loans | 13% | $4,801 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Maysville Community and Technical College, roughly 94% of undergraduates were awarded grant or scholarship aid averaging $3,606 (for some 4034 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $3,606 |
| Federal Pell grants | 39% | $4,551 |
| Federal student loans | 14% | $5,953 |
For students living on campus and receiving title-IV aid, grants averaged $8,617.
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 | $4,470 |
| $30,001 – $75,000 | $5,697 |
| Over $75,000 | $10,889 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $4,605 |
| Off-campus title-IV students | $5,577 |
For a customized cost estimate, visit Maysville Community and Technical College’s net price calculator: maysville.kctcs.edu/affording-college/net-price-calculator/.
The middle student in the debt distribution at Maysville Community and Technical College owes $8,047 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,047 |
| Median federal debt (graduates only) | $11,500 |
| Typical 10-year monthly payment (graduates) | $121.92/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 figures below chart the debt distribution at Maysville Community and Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,997 |
| 25th percentile | $3,500 |
| 75th percentile | $15,046 |
| 90th percentile (highest-debt students) | $24,860 |
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 | $8,819 |
| Middle income | $7,069 |
| High income | $7,007 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,251 |
| Continuing-generation students | $7,007 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,800 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Maysville Community and Technical College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Maysville Community and Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8810 |
| Total Stafford loan amount | $114,713,227 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $169,879 |
| Average GI Bill amount per recipient | $5,858 |
References
More about our data sources and methodologies.