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Muskegon Community College Financial Aid & Debt Outcomes

78% Freshmen Get Financial Aid
$5,579 Average Grant & Scholarship
55% Undergrads Get Grant Aid

A lot of students are not billed 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 price of attendance at Muskegon Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.

Just what financial aid solutions can Muskegon Community College provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to learn how much school funding will be available to you.

Importance of Muskegon Community College Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Muskegon Community College.

What First Years Receive at Muskegon Community College

Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For incoming first-year students at Muskegon Community College, 78% of first-time, full-time freshmen received some form of financial aid some 383 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)61%$5,747
Institutional grants & scholarships13%$1,486
Federal Pell grants34%$5,366
State/local grants44%$3,226
Federal student loans4%$4,095

Scholarships and Grants at Muskegon Community College

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 Muskegon Community College, around 55% of undergraduates were awarded an average grant or scholarship of $5,579 (across approximately 1922 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)55%$5,579
Federal Pell grants29%$3,884
Federal student loans6%$4,502

For students living on campus and receiving title-IV aid, grants averaged $8,173.

Income-Adjusted Net Price at Muskegon Community College

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$4,170
$30,001 – $75,000$5,882
Over $75,000$7,257

The numbers above are post-aid net prices, so they already account for grants and scholarships.

What Students Actually Pay at Muskegon Community College

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.

CohortAverage Net Price
On-campus title-IV students$4,005
Off-campus title-IV students$5,196

To get a personalized net price estimate, try Muskegon Community College’s online cost calculator: www.muskegoncc.edu/wp-content/uploads/NetPriceCalculator/npcalc.htm.

Median Student Debt for Graduates of Muskegon Community College

The middle student in the debt distribution at Muskegon Community College owes $5,000 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$5,000
Median federal debt (graduates only)$9,125
Typical 10-year monthly payment (graduates)$96.74/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Where Student Debt Falls

The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Muskegon Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,497
25th percentile$2,500
75th percentile$8,893
90th percentile (highest-debt students)$15,235

Debt Outcomes by Student Group at Muskegon Community College

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$5,047
Middle income$5,000
High income$5,460

By First-Generation Status

CohortMedian federal debt
First-generation students$5,000
Continuing-generation students$5,253

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$4,500
Independent students$6,316

Is the Debt Manageable?

A handful of calculated indicators summarize the debt outlook at Muskegon Community College.

Federal Stafford Lending at Muskegon Community College

Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Muskegon Community College:

MetricValue
Stafford loan recipients5986
Total Stafford loan amount$43,178,275

Aid for Military-Affiliated Students at Muskegon Community College

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients18
Total GI Bill amount$41,748
Average GI Bill amount per recipient$2,319

DoD program volume

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

Muskegon Community College Financial Aid Resources

References

More about our data sources and methodologies.

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