by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
What financial aid options does Montgomery College offer, and what will you qualify for? Keep scrolling for answers.
Montgomery College average financial aid offer for freshmen students is $5,391.00. About 69% of first year students receive financial aid, most of which is in the form of grants and scholarships.
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.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Montgomery College.
In addition to scholarships, 51% of freshman students (1005 total) obtained federal grant aid, averaging $4,936.00 a piece.
The numbers plus the graph following refer to mainly federal grants, and some local and state grants.
51% of first years at Montgomery College (1005 total) obtained a federal grant, averaging $4,936.00.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.01% | $6,968.00 |
| Income 30k-48k | 12.46% | $6,356.00 |
| Income 48k-75k | 9.15% | $4,942.00 |
| Income 75k-110k | 2.24% | $2,735.00 |
| Income 110k + | 0.46% | $607.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 1967 undergraduate students at Montgomery College around 69% (1231 total) receive some form of grant aid. The typical amount awarded was $5,391.00.Most of them are distributed as 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.
