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 price tag of going to Midland College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Midland College provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn how much school funding will be available 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 Midland College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Midland College, 75% of entering full-time freshmen got some type of financial assistance roughly 435 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $6,921 |
| Institutional grants & scholarships | 46% | $3,909 |
| Federal Pell grants | 47% | $5,680 |
| State/local grants | 23% | $2,499 |
| Federal student loans | 2% | $4,174 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Midland College, roughly 39% of the undergraduate population received grant aid that averaged $4,577 (among about 2021 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $4,577 |
| Federal Pell grants | 21% | $4,567 |
| Federal student loans | 2% | $6,146 |
For on-campus title-IV students, average grant aid came to $8,195.
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 | $4,904 |
| $30,001 – $75,000 | $7,148 |
| Over $75,000 | $10,208 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $4,512 |
| Off-campus title-IV students | $5,720 |
For a customized cost estimate, visit Midland College’s online cost calculator: www.highered.texas.gov/institutional-resources-programs/net-price-calculator/.
The median student at Midland College graduates with $6,300 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,300 |
| Median federal debt (graduates only) | $10,670 |
| Typical 10-year monthly payment (graduates) | $113.12/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Midland College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,500 |
| 75th percentile | $8,250 |
| 90th percentile (highest-debt students) | $13,000 |
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 | $6,400 |
| Middle income | $6,900 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,175 |
| Continuing-generation students | $6,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,960 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Midland College.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Midland College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1651 |
| Total Stafford loan amount | $11,463,558 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 69 |
| Total GI Bill amount | $149,553 |
| Average GI Bill amount per recipient | $2,167 |
References
More about our data sources and methodologies.