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 price tag of going to Motlow State Community College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Motlow offer you, and what will you qualify for? Read on for more information. Keep reading to discover what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Motlow State Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Motlow State Community College, 95% of the incoming full-time class was awarded financial aid (about 1405 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $6,955 |
| Institutional grants & scholarships | 7% | $2,567 |
| Federal Pell grants | 57% | $5,189 |
| State/local grants | 89% | $3,849 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Motlow, roughly 84% of undergraduate students received gift aid averaging $4,319 (among about 5109 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $4,319 |
| Federal Pell grants | 28% | $4,858 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $8,584.
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 | $9,871 |
| $30,001 – $75,000 | $10,764 |
| Over $75,000 | $13,033 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $15,742 |
| Off-campus title-IV students | $10,421 |
To get a personalized net price estimate, try Motlow’s NPC: www.mscc.edu/financial/net-price-calculator/index.html.
A typical borrower at Motlow leaves with $3,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,000 |
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Motlow.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,001 |
| 25th percentile | $1,750 |
| 75th percentile | $3,500 |
| 90th percentile (highest-debt students) | $7,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $3,500 |
| Middle income | $2,412 |
| High income | $3,063 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $2,796 |
| Independent students | $3,394 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Motlow.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Motlow:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3726 |
| Total Stafford loan amount | $21,014,923 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 42 |
| Total GI Bill amount | $117,677 |
| Average GI Bill amount per recipient | $2,802 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $8,199 |
| Average DoD amount per recipient | $2,050 |
References
More about our data sources and methodologies.