by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Curious about the financial aid opportunities at Mitchell Community College and what you may be eligible for? Explore the answers here.
$4,695.00 is the typical Mitchell Community College’s first year financial aid package. 80% of first-year students are awarded financial aid, primarily comprising loans.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Mitchell Community College.
In addition to scholarships, 75% of first years (193 total) were awarded federal grant aid, averaging $4,364.00 each.
The numbers plus the graph following refer to mainly federal grants, and some local and state grants.
75% of first years at Mitchell Community College (193 total) were awarded a federal grant, averaging $4,364.00.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 28.12% | $6,577.00 |
| Income 30k-48k | 14.45% | $6,373.00 |
| Income 48k-75k | 17.19% | $4,591.00 |
| Income 75k-110k | 6.64% | $1,893.00 |
| Income 110k + | 8.98% | $175.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 256 undergraduate students at Mitchell Community College around 80% (205 total) receive some form of grant aid. The typical amount awarded was $4,695.00.Most of them are distributed as Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.