by our College Data Analytics TeamA lot 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 total price of attendance at Milwaukee Career College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Milwaukee Career College deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to discover how much school funding could be available 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 Milwaukee Career College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Milwaukee Career College, 100% of new full-time first-years were awarded at least some aid some 134 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $4,274 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $4,274 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $5,782 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 92% of undergraduates were awarded an average grant or scholarship of $4,027 (covering around 149 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $4,027 |
| Federal Pell grants | 92% | $4,027 |
| Federal student loans | 100% | $5,037 |
On-campus students receiving title-IV aid were awarded grants averaging $3,110.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $22,241 |
| $30,001 – $75,000 | $24,946 |
| Over $75,000 | $25,801 |
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 | $27,038 |
| Off-campus title-IV students | $22,881 |
To project your own net price, use Milwaukee Career College’s online cost calculator: mkecc.edu/MCCNetpriceindex.html.
The median student at Milwaukee Career College graduates with $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $7,046 |
| Typical 10-year monthly payment (graduates) | $74.7/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Milwaukee Career College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,293 |
| 25th percentile | $4,354 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $15,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,703 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,079 |
| Independent students | $7,046 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Milwaukee Career College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Milwaukee Career College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2951 |
| Total Stafford loan amount | $22,279,622 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.