by our College Data Analytics TeamThe majority of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Montessori Education Center of the Rockies can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will MECR offer, and what will you qualify for? Read on for more information. Keep going to discover how much school funding could be available 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 Montessori Education Center of the Rockies.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Montessori Education Center of the Rockies, 25% of entering full-time freshmen got some type of financial assistance some 1 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 25% | $623 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 25% | $623 |
| State/local grants | 0% | — |
| Federal student loans | 25% | $4,700 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At MECR, approximately 25% of the undergraduate population received grant aid that averaged $5,012 (covering around 2 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 25% | $5,012 |
| Federal Pell grants | 13% | $623 |
| Federal student loans | 25% | $4,701 |
On-campus students receiving title-IV aid were awarded grants averaging $623.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,285 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $19,557 |
| Off-campus title-IV students | $13,285 |
For a customized cost estimate, visit MECR’s net price calculator: www.mecr.edu/admissions/tuition-and-financial-aid/.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at MECR.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $6,000 |
| 75th percentile | $9,500 |
A handful of calculated indicators summarize the debt outlook at MECR.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at MECR:
| Metric | Value |
|---|---|
| Stafford loan recipients | 207 |
| Total Stafford loan amount | $1,510,937 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.