by our College Data Analytics TeamA large number of students are not billed 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 sum total of attendance at Midwest College of Oriental Medicine-Skokie can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial assistance options will MCOM - Evanston offer you, and what will you qualify for? Read on for more information. Scroll down to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Midwest College of Oriental Medicine-Skokie.
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.
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 100% of undergraduates were awarded an average grant or scholarship of $2,470 (across approximately 1 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $2,470 |
| Federal Pell grants | 100% | $2,470 |
| Federal student loans | 100% | $8,246 |
Graduating students at MCOM - Evanston carry a median federal student debt of $15,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
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 MCOM - Evanston.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $8,334 |
| 75th percentile | $29,168 |
The figure below distills the debt data into a single burden category for MCOM - Evanston.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at MCOM - Evanston:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1025 |
| Total Stafford loan amount | $67,520,926 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $20,575 |
| Average GI Bill amount per recipient | $20,575 |
References
More about our data sources and methodologies.