by our College Data Analytics TeamThe majority of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Mid Michigan College can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does Mid Michigan College offer you, and what will you qualify for? Keep scrolling for more information. Keep scrolling to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Mid Michigan College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Mid Michigan College, 95% of new full-time first-years were awarded at least some aid around 250 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $8,620 |
| Institutional grants & scholarships | 20% | $1,839 |
| Federal Pell grants | 63% | $6,072 |
| State/local grants | 73% | $4,671 |
| Federal student loans | 27% | $5,945 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Mid Michigan College, around 44% of undergraduates were awarded grant or scholarship aid averaging $6,128 (for some 1487 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 44% | $6,128 |
| Federal Pell grants | 31% | $4,692 |
| Federal student loans | 23% | $6,787 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $9,333.
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 | $7,240 |
| $30,001 – $75,000 | $9,268 |
| Over $75,000 | $13,470 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,370 |
| Off-campus title-IV students | $10,100 |
To get a personalized net price estimate, try Mid Michigan College’s net price tool: www.midmich.edu/student-resources/financial-aid/payment-options/net-price-calculator.
The middle student in the debt distribution at Mid Michigan College owes $7,810 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,810 |
| Median federal debt (graduates only) | $13,750 |
| Typical 10-year monthly payment (graduates) | $145.77/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Mid Michigan College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,251 |
| 75th percentile | $14,497 |
| 90th percentile (highest-debt students) | $25,250 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,271 |
| Middle income | $6,625 |
| High income | $6,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,442 |
| Continuing-generation students | $6,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,900 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Mid Michigan College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Mid Michigan College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13912 |
| Total Stafford loan amount | $167,027,420 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 49 |
| Total GI Bill amount | $214,609 |
| Average GI Bill amount per recipient | $4,380 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $7,532 |
| Average DoD amount per recipient | $2,511 |
References
More about our data sources and methodologies.