by our College Data Analytics TeamThe majority of students will not be asked to pay 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 price tag of going to Mid-America College of Funeral Service can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financing solutions does Mid-America College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to see what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Mid-America College of Funeral Service.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Mid-America College of Funeral Service, 83% of the incoming full-time class was awarded financial aid (about 25 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $7,574 |
| Institutional grants & scholarships | 43% | $2,028 |
| Federal Pell grants | 53% | $5,926 |
| State/local grants | 0% | — |
| Federal student loans | 80% | $6,470 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, roughly 59% of the undergraduate population received grant aid that averaged $4,182 (across roughly 200 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $4,182 |
| Federal Pell grants | 51% | $4,528 |
| Federal student loans | 67% | $4,387 |
For students living on campus and receiving title-IV aid, grants averaged $4,847.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $25,077 |
| $30,001 – $75,000 | $27,703 |
| Over $75,000 | $30,379 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $30,606 |
| Off-campus title-IV students | $25,456 |
For a customized cost estimate, visit Mid-America College’s official net price calculator: www.mid-america.edu/admissions/net-price-calculator.
The middle student in the debt distribution at Mid-America College owes $11,625 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,625 |
| Median federal debt (graduates only) | $16,666 |
| Typical 10-year monthly payment (graduates) | $176.69/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Mid-America College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $6,333 |
| 75th percentile | $15,042 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,920 |
| Middle income | $10,997 |
| High income | $12,063 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,974 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,584 |
| Independent students | $12,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Mid-America College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Mid-America College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1232 |
| Total Stafford loan amount | $14,498,424 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $119,459 |
| Average GI Bill amount per recipient | $11,946 |
References
More about our data sources and methodologies.