by our College Data Analytics TeamA large number of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Mohave Community College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can MCC offer you, and what will you qualify for? Keep reading for more information. Read on to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Mohave Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Mohave Community College, 79% of entering full-time freshmen got some type of financial assistance roughly 109 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $4,951 |
| Institutional grants & scholarships | 46% | $1,464 |
| Federal Pell grants | 52% | $5,579 |
| State/local grants | 15% | $1,541 |
| Federal student loans | 10% | $6,473 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, some 60% of undergraduates were awarded an average grant or scholarship of $3,409 (covering around 2198 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $3,409 |
| Federal Pell grants | 36% | $3,871 |
| Federal student loans | 8% | $5,534 |
For students living on campus and receiving title-IV aid, grants averaged $5,863.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,101 |
| $30,001 – $75,000 | $7,768 |
| Over $75,000 | $9,897 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,974 |
| Off-campus title-IV students | $6,806 |
For an estimate tailored to your family circumstances, see MCC’s net price tool: www.mohave.edu/assets/2023/06/index-2.html.
A typical borrower at MCC leaves with $8,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,000 |
| Median federal debt (graduates only) | $9,700 |
| Typical 10-year monthly payment (graduates) | $102.84/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at MCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,500 |
| 75th percentile | $16,657 |
| 90th percentile (highest-debt students) | $28,799 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $5,938 |
| High income | $4,125 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,000 |
| Continuing-generation students | $9,025 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,992 |
| Independent students | $9,414 |
A handful of calculated indicators summarize the debt outlook at MCC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at MCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7768 |
| Total Stafford loan amount | $119,643,155 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 48 |
| Total GI Bill amount | $109,652 |
| Average GI Bill amount per recipient | $2,284 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.