by our College Data Analytics TeamThe total cost of attendance at Mitchell Technical College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
Mitchell Technical College average financial aid offer for freshmen students is $4,255.00. A significant 92% of freshmen benefit from financial aid, with the main type being loans.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Mitchell Technical College.
In addition to scholarships, 42% of first-year students (156 total) got federal grant aid, averaging $4,739.00 per person.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
42% of first-year students at Mitchell Technical College (156 total) obtained a federal grant, averaging $4,739.00.
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 | 17.91% | $6,473.00 |
| Income 30k-48k | 12.30% | $5,754.00 |
| Income 48k-75k | 15.51% | $2,777.00 |
| Income 75k-110k | 9.36% | $1,458.00 |
| Income 110k + | 10.16% | $1,431.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
244 Mitchell Tech undergrads obtain grant aid (this is about 92% of the entire undergraduate student population). The average amount these students receive is $4,255.00.The largest share of which are in the guise of 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.
