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What Kind of SMCC Fin Aid Could You Get?

Many students attending Southern Maine Community College can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.

However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.

Table of Contents:

What Amount of Financial Aid is Available for First Time Students at SMCC?

$5,763.00 is the typical Southern Maine Community College’s first year financial aid package. 83% of first-year students are awarded financial aid, primarily comprising grants and scholarships.

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College Discounts

A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.

College Loans at Southern Maine Community College

A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Southern Maine Community College you may end up taking on.

In addition to scholarships, 54% of first-year students (507 total) got federal grant aid, averaging $5,507.00 per person.

How Much Aid Is Available That I Don’t Have to Repay?

The stats and the chart following pertain to primarily grants from federal sources, plus some local and state grants.

54% of first years at Southern Maine Community College (507 total) obtained a federal grant, averaging $5,507.00.

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How Family Income Affects Financial Aid

The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k28.08%$7,511.00
Income 30k-48k11.36%$6,395.00
Income 48k-75k9.65%$4,330.00
Income 75k-110k4.72%$1,122.00
Income 110k +0.64%$283.00

Title IV Aid

The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.

The Average Undergrad Receiving a Scholarship or Grant Will Get $5,763.00.

Of the 933 undergraduate students at Southern Maine Community College around 83% (648 total) receive some form of grant aid. The typical amount awarded was $5,763.00.The majority of which come in the form of Pell Grants.

Interested in Learning about the Specifics of Tuition and Fees Costs?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Financial Aid Information for Southern Maine Community College.

Notes and References

References

More about our data sources and methodologies.

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