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Mississippi Gulf Coast Community College Financial Aid & Debt Outcomes

91% Freshmen Get Financial Aid
$5,256 Average Grant & Scholarship
59% Undergrads Get Grant Aid

Many students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Mississippi Gulf Coast Community College can sound overwhelming, but bear in mind that many students get some type of financial aid.

Just what financing solutions does Mississippi Gulf Coast Community College provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to learn just how much financial aid will be open to you.

Importance of Mississippi Gulf Coast Community College Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Mississippi Gulf Coast Community College.

Typical First Year Financial Aid at Mississippi Gulf Coast Community College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

Looking at the entering class at Mississippi Gulf Coast Community College, 91% of first-year full-time students received aid of some kind some 1554 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)89%$6,900
Institutional grants & scholarships52%$3,041
Federal Pell grants62%$6,443
State/local grants32%$1,327
Federal student loans18%$4,768

Scholarship and Grant Awards at Mississippi Gulf Coast Community College

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, some 59% of undergrads got grants or scholarships worth on average $5,256 (across approximately 4814 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)59%$5,256
Federal Pell grants39%$5,517
Federal student loans17%$5,771

Title-IV recipients living on campus saw average grant aid of $6,016.

Net Price by Family Income at Mississippi Gulf Coast Community College

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$6,337
$30,001 – $75,000$8,088
Over $75,000$12,272

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

The Real Cost of Attending Mississippi Gulf Coast Community College

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.

CohortAverage Net Price
On-campus title-IV students$6,962
Off-campus title-IV students$7,372

To project your own net price, use Mississippi Gulf Coast Community College’s net price tool: mgccc.edu/enroll/financial-aid/net-price-calculator/.

Median Student Debt for Graduates of Mississippi Gulf Coast Community College

The median student at Mississippi Gulf Coast Community College graduates with $6,625 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$6,625
Median federal debt (graduates only)$10,000
Typical 10-year monthly payment (graduates)$106.02/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Range of Student Debt at this School

The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Mississippi Gulf Coast Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$3,000
75th percentile$11,000
90th percentile (highest-debt students)$20,000

Student Debt by Cohort at Mississippi Gulf Coast Community College

Median debt varies by family income, by first-generation status, and by dependency status.

By Family Income

Income tierMedian federal debt
Low income$7,155
Middle income$5,950
High income$6,597

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$7,000
Continuing-generation students$5,945

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

Calculated Debt-Outcome Indicators

A handful of calculated indicators summarize the debt outlook at Mississippi Gulf Coast Community College.

Stafford Loan Activity at Mississippi Gulf Coast Community College

Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Mississippi Gulf Coast Community College:

MetricValue
Stafford loan recipients21857
Total Stafford loan amount$221,110,453

GI Bill and DoD Benefits at Mississippi Gulf Coast Community College

Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients252
Total GI Bill amount$780,176
Average GI Bill amount per recipient$3,096

DoD program volume

MetricValue
DoD Tuition Assistance recipients94
Total DoD amount$158,766
Average DoD amount per recipient$1,689

References

More about our data sources and methodologies.

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