by our College Data Analytics TeamMost students will not be asked to pay 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 total price of attendance at Middlesex College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will Middlesex County College provide, and just what are you going to be eligible for? Read on for answers. Keep scrolling to see 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. Use the information below to understand how much financial assistance you may get from Middlesex College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Middlesex College, 72% of entering full-time freshmen got some type of financial assistance around 1239 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $6,617 |
| Institutional grants & scholarships | 5% | $1,565 |
| Federal Pell grants | 56% | $5,807 |
| State/local grants | 48% | $2,740 |
| Federal student loans | 6% | $4,395 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Middlesex County College, roughly 41% of the undergraduate population received grant aid that averaged $5,504 (for some 4656 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $5,504 |
| Federal Pell grants | 32% | $4,724 |
| Federal student loans | 4% | $5,435 |
Title-IV recipients living on campus saw average grant aid of $7,766.
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 | $5,635 |
| $30,001 – $75,000 | $6,756 |
| Over $75,000 | $4,627 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $2,288 |
| Off-campus title-IV students | $6,000 |
To get a personalized net price estimate, try Middlesex County College’s net price tool: www.middlesexcollege.edu/funding-your-education/net-price-calculator/.
The median federal debt load at Middlesex County College comes to $5,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $9,750 |
| Typical 10-year monthly payment (graduates) | $103.37/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Middlesex County College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $10,575 |
| 90th percentile (highest-debt students) | $17,250 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,500 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,500 |
A handful of calculated indicators summarize the debt outlook at Middlesex County College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Middlesex County College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9445 |
| Total Stafford loan amount | $82,515,311 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 70 |
| Total GI Bill amount | $221,717 |
| Average GI Bill amount per recipient | $3,167 |
References
More about our data sources and methodologies.