by our College Data Analytics TeamMany students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Mohawk Valley Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial assistance options will MVCC offer you, and what will you qualify for? Read on for more information. Keep scrolling to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Mohawk Valley Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Mohawk Valley Community College, 83% of first-time, full-time freshmen received some form of financial aid some 794 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $8,067 |
| Institutional grants & scholarships | 3% | $2,297 |
| Federal Pell grants | 61% | $6,037 |
| State/local grants | 67% | $3,014 |
| Federal student loans | 33% | $5,387 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, about 37% of undergraduates were awarded an average grant or scholarship of $8,246 (across approximately 2131 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 37% | $8,246 |
| Federal Pell grants | 31% | $6,258 |
| Federal student loans | 17% | $6,038 |
For on-campus title-IV students, average grant aid came to $7,669.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,432 |
| $30,001 – $75,000 | $8,853 |
| Over $75,000 | $14,436 |
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 | $8,987 |
| Off-campus title-IV students | $8,404 |
To project your own net price, use MVCC’s official net price calculator: www.mvcc.edu/institutional-effectiveness/student-consumer-info/net-price-calculator.php.
The middle student in the debt distribution at MVCC owes $7,467 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,467 |
| Median federal debt (graduates only) | $11,000 |
| Typical 10-year monthly payment (graduates) | $116.62/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at MVCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $3,000 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $18,882 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,875 |
| Middle income | $6,941 |
| High income | $7,750 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,500 |
| Continuing-generation students | $7,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,791 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at MVCC.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at MVCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 21038 |
| Total Stafford loan amount | $189,219,539 |
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 | 50 |
| Total GI Bill amount | $317,603 |
| Average GI Bill amount per recipient | $6,352 |
References
More about our data sources and methodologies.