by our College Data Analytics TeamA large number of students will never be charged 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 Morgan Community College can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Morgan Community College provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling 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 Morgan Community College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Morgan Community College, 82% of first-time, full-time freshmen received some form of financial aid some 56 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $7,035 |
| Institutional grants & scholarships | 22% | $1,836 |
| Federal Pell grants | 44% | $6,342 |
| State/local grants | 47% | $3,700 |
| Federal student loans | 22% | $3,131 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, approximately 26% of undergraduates were awarded grant or scholarship aid averaging $8,332 (covering around 387 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 26% | $8,332 |
| Federal Pell grants | 19% | $6,244 |
| Federal student loans | 8% | $3,941 |
For students living on campus and receiving title-IV aid, grants averaged $8,231.
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 | $5,928 |
| $30,001 – $75,000 | $7,476 |
| Over $75,000 | $11,867 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $9,266 |
| Off-campus title-IV students | $7,161 |
For an estimate tailored to your family circumstances, see Morgan Community College’s net price tool: www.morgancc.edu/npc/.
Graduating students at Morgan Community College carry a median federal student debt of $5,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $8,501 |
| Typical 10-year monthly payment (graduates) | $90.12/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at Morgan Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,768 |
| 25th percentile | $3,400 |
| 75th percentile | $12,944 |
| 90th percentile (highest-debt students) | $22,875 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $5,750 |
| Middle income | $5,597 |
| High income | $4,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,250 |
| Continuing-generation students | $5,925 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,599 |
| Independent students | $6,000 |
These indicators are derived from the underlying debt data and summarize the overall picture at Morgan Community College.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Morgan Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2310 |
| Total Stafford loan amount | $24,842,706 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 6 |
| Total GI Bill amount | $26,395 |
| Average GI Bill amount per recipient | $4,399 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.