by our College Data Analytics TeamThe majority of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Mountain Empire Community College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does MECC provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Mountain Empire 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.
Among first-time, full-time freshmen at Mountain Empire Community College, 93% of first-year full-time students received aid of some kind roughly 276 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $6,096 |
| Institutional grants & scholarships | 31% | $3,212 |
| Federal Pell grants | 70% | $5,496 |
| State/local grants | 59% | $1,229 |
| Federal student loans | 0% | — |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At MECC, around 55% of undergraduates were awarded an average grant or scholarship of $5,738 (for some 1111 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $5,738 |
| Federal Pell grants | 43% | $5,030 |
| Federal student loans | 0% | — |
For on-campus title-IV students, average grant aid came to $6,753.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,018 |
| $30,001 – $75,000 | $7,391 |
| Over $75,000 | $8,686 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,852 |
| Off-campus title-IV students | $7,226 |
To project your own net price, use MECC’s net price tool: www.vawizard.org/wizard/npc.
These indicators are derived from the underlying debt data and summarize the overall picture at MECC.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at MECC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 105 |
| Total Stafford loan amount | $777,544 |
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 | 0 |
| Total GI Bill amount | $0 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.