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 sum total of attendance at Miller-Motte College-Jacksonville can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will MMC Jacksonville provide, and just what are you going to be eligible for? Read on for answers. Read on 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. Use the information below to understand how much financial assistance you may get from Miller-Motte College-Jacksonville.
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.
For freshmen starting at Miller-Motte College-Jacksonville, 39% of first-time, full-time freshmen received some form of financial aid roughly 52 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $4,989 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 38% | $4,901 |
| State/local grants | 13% | $259 |
| Federal student loans | 35% | $5,585 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at MMC Jacksonville, approximately 57% of undergraduates were awarded an average grant or scholarship of $6,300 (across roughly 189 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $6,300 |
| Federal Pell grants | 56% | $6,215 |
| Federal student loans | 51% | $7,767 |
Title-IV recipients living on campus saw average grant aid of $4,901.
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 | $22,724 |
| $30,001 – $75,000 | $22,599 |
| Over $75,000 | $19,571 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $23,535 |
| Off-campus title-IV students | $22,465 |
To get a personalized net price estimate, try MMC Jacksonville’s NPC: www.miller-motte.edu/NetPrice/Jacksonville/.
Graduating students at MMC Jacksonville carry a median federal student debt of $10,661 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,661 |
| Median federal debt (graduates only) | $15,917 |
| Typical 10-year monthly payment (graduates) | $168.75/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at MMC Jacksonville.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,530 |
| 25th percentile | $6,333 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $16,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,657 |
| Middle income | $11,457 |
| High income | $9,111 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,587 |
| Continuing-generation students | $12,139 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $11,943 |
The figure below distills the debt data into a single burden category for MMC Jacksonville.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at MMC Jacksonville:
| Metric | Value |
|---|---|
| Stafford loan recipients | 126669 |
| Total Stafford loan amount | $1,878,020,953 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 89 |
| Total GI Bill amount | $551,272 |
| Average GI Bill amount per recipient | $6,194 |
References
More about our data sources and methodologies.