by our College Data Analytics TeamMost students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Montserrat College of Art can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does Montserrat College of Art provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to discover how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Montserrat College of Art.
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.
At Montserrat College of Art, 100% of the incoming full-time class was awarded financial aid some 55 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $24,358 |
| Institutional grants & scholarships | 100% | $21,176 |
| Federal Pell grants | 35% | $6,029 |
| State/local grants | 33% | $2,942 |
| Federal student loans | 80% | $5,188 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, about 100% of undergraduates were awarded grant or scholarship aid averaging $21,495 (across approximately 260 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $21,495 |
| Federal Pell grants | 35% | $5,221 |
| Federal student loans | 75% | $6,641 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $25,400.
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 | $29,025 |
| $30,001 – $75,000 | $32,690 |
| Over $75,000 | $37,552 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $33,216 |
| Off-campus title-IV students | $34,725 |
To project your own net price, use Montserrat College of Art’s online cost calculator: mca.wbnpc.com//.
The median student at Montserrat College of Art graduates with $23,707 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,707 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Montserrat College of Art.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,262 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $34,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $25,625 |
| Middle income | $23,500 |
| High income | $23,250 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $26,243 |
| Continuing-generation students | $20,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Montserrat College of Art.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Montserrat College of Art:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1791 |
| Total Stafford loan amount | $34,993,624 |
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 | 5 |
| Total GI Bill amount | $90,375 |
| Average GI Bill amount per recipient | $18,075 |
References
More about our data sources and methodologies.