by our College Data Analytics TeamMost students are not billed 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 cost of going to Montgomery College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financing options does Montgomery College offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Montgomery College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
Among first-time, full-time freshmen at Montgomery College, 70% of entering full-time freshmen got some type of financial assistance roughly 1110 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $6,331 |
| Institutional grants & scholarships | 55% | $1,573 |
| Federal Pell grants | 45% | $5,642 |
| State/local grants | 30% | $2,041 |
| Federal student loans | 7% | $4,894 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Montgomery College, about 51% of undergraduate students received gift aid averaging $4,342 (across roughly 9083 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $4,342 |
| Federal Pell grants | 27% | $4,270 |
| Federal student loans | 6% | $5,782 |
Title-IV recipients living on campus saw average grant aid of $7,271.
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 | $6,449 |
| $30,001 – $75,000 | $7,503 |
| Over $75,000 | $11,209 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $8,027 |
| Off-campus title-IV students | $7,240 |
For a customized cost estimate, visit Montgomery College’s net price tool: appserv.montgomerycollege.edu/netprice/NetPriceCalculator/npcalc.htm.
A typical borrower at Montgomery College leaves with $7,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,000 |
| Median federal debt (graduates only) | $10,415 |
| Typical 10-year monthly payment (graduates) | $110.42/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Montgomery College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,500 |
| 75th percentile | $12,500 |
| 90th percentile (highest-debt students) | $21,720 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,447 |
| Middle income | $7,000 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,500 |
| Continuing-generation students | $6,436 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at Montgomery College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Montgomery College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 22022 |
| Total Stafford loan amount | $234,394,285 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 178 |
| Total GI Bill amount | $475,088 |
| Average GI Bill amount per recipient | $2,669 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 25 |
| Total DoD amount | $43,103 |
| Average DoD amount per recipient | $1,724 |
References
More about our data sources and methodologies.