by our College Data Analytics TeamThe majority of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Montgomery Community College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial assistance options will MCC offer you, and what will you qualify for? Read on for more information. Keep going to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Montgomery Community College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. 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 Montgomery Community College, 53% of first-year full-time students received aid of some kind approximately 47 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 47% | $4,289 |
| Institutional grants & scholarships | 6% | $1,374 |
| Federal Pell grants | 18% | $9,805 |
| State/local grants | 18% | $654 |
| Federal student loans | 0% | — |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at MCC, approximately 39% of undergraduates were awarded grant or scholarship aid averaging $7,323 (covering around 423 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $7,323 |
| Federal Pell grants | 33% | $7,289 |
| Federal student loans | 0% | — |
For students living on campus and receiving title-IV aid, grants averaged $3,837.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,684 |
| $30,001 – $75,000 | $8,054 |
| Over $75,000 | $6,099 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,832 |
| Off-campus title-IV students | $7,697 |
For an estimate tailored to your family circumstances, see MCC’s NPC: sftp.montgomery.edu/fa/NetPriceCalculator/npcalc.htm.
The figure below distills the debt data into a single burden category for MCC.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at MCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 25 |
| Total Stafford loan amount | $199,505 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $66,222 |
| Average GI Bill amount per recipient | $4,415 |
References
More about our data sources and methodologies.