by our College Data Analytics TeamThe majority of 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 Mountwest Community and Technical College can sound tremendous, but do not forget that almost all students get some type of financial help.
What financing options does MCTC offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Mountwest Community and Technical 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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Mountwest Community and Technical College, 88% of first-time, full-time freshmen received some form of financial aid (about 236 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $6,627 |
| Institutional grants & scholarships | 12% | $3,095 |
| Federal Pell grants | 64% | $5,177 |
| State/local grants | 54% | $3,377 |
| Federal student loans | 29% | $3,894 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At MCTC, roughly 55% of undergrads got grants or scholarships worth on average $6,261 (across roughly 799 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $6,261 |
| Federal Pell grants | 42% | $4,865 |
| Federal student loans | 24% | $4,417 |
On-campus students receiving title-IV aid were awarded grants averaging $7,584.
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 | $8,070 |
| $30,001 – $75,000 | $9,223 |
| Over $75,000 | $6,573 |
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 | $8,083 |
| Off-campus title-IV students | $8,043 |
For a customized cost estimate, visit MCTC’s NPC: www.mctc.edu/net-price-calculator/.
The middle student in the debt distribution at MCTC owes $5,136 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,136 |
| Median federal debt (graduates only) | $7,446 |
| Typical 10-year monthly payment (graduates) | $78.94/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at MCTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,250 |
| 25th percentile | $2,000 |
| 75th percentile | $8,250 |
| 90th percentile (highest-debt students) | $12,518 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $4,000 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,234 |
| Continuing-generation students | $4,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,300 |
| Independent students | $4,794 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. MCTC.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at MCTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7060 |
| Total Stafford loan amount | $65,447,039 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 27 |
| Total GI Bill amount | $121,542 |
| Average GI Bill amount per recipient | $4,502 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 14 |
| Total DoD amount | $59,390 |
| Average DoD amount per recipient | $4,242 |
References
More about our data sources and methodologies.