by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Mesabi Range College.
Mesabi Range College average financial aid offer for freshmen students is $6,347.00. A significant 98% of freshmen benefit from financial aid, with the main type being loans.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Mesabi Range College you may end up taking on.
In addition to scholarships, 90% of freshman students (121 total) obtained federal grant aid, averaging $3,925.00 a piece.
The numbers plus the graph following refer to mainly federal grants, and some local and state grants.
90% of freshman students at Mesabi Range College (121 total) got a federal grant, averaging $3,925.00.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 24.63% | $7,476.00 |
| Income 30k-48k | 8.21% | $7,074.00 |
| Income 48k-75k | 5.22% | $5,665.00 |
| Income 75k-110k | 2.99% | $660.00 |
| Income 110k + | 0.75% | $250.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
98% of the 134 undergraduates at Mesabi Range College receive some sort of grant aid. This is a total of about 123 students getting an average of $6,347.00 per person.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.