by our College Data Analytics TeamMany 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 Moberly Area Community College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does MACC offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Moberly Area Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Moberly Area Community College, 88% of entering full-time freshmen got some type of financial assistance some 622 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $7,153 |
| Institutional grants & scholarships | 16% | $3,479 |
| Federal Pell grants | 45% | $6,017 |
| State/local grants | 66% | $4,129 |
| Federal student loans | 11% | $5,354 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at MACC, some 42% of undergraduates were awarded an average grant or scholarship of $5,731 (among about 2102 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $5,731 |
| Federal Pell grants | 25% | $5,275 |
| Federal student loans | 5% | $6,139 |
For students living on campus and receiving title-IV aid, grants averaged $7,324.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,942 |
| $30,001 – $75,000 | $7,020 |
| Over $75,000 | $10,009 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $6,810 |
| Off-campus title-IV students | $6,935 |
For an estimate tailored to your family circumstances, see MACC’s online cost calculator: www.macc.edu/netpricecalculator/.
A typical borrower at MACC leaves with $8,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,000 |
| Median federal debt (graduates only) | $10,658 |
| Typical 10-year monthly payment (graduates) | $112.99/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at MACC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,532 |
| 25th percentile | $3,216 |
| 75th percentile | $12,632 |
| 90th percentile (highest-debt students) | $19,559 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,435 |
| Middle income | $7,000 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,265 |
| Continuing-generation students | $6,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,542 |
| Independent students | $10,000 |
The figure below distills the debt data into a single burden category for MACC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at MACC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10681 |
| Total Stafford loan amount | $105,479,545 |
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 | 40 |
| Total GI Bill amount | $135,304 |
| Average GI Bill amount per recipient | $3,383 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $8,255 |
| Average DoD amount per recipient | $2,064 |
References
More about our data sources and methodologies.