College of Menominee Nation (CMN) Financial Aid and Scholarships
Students Receiving Aid
85%
Total Aid Amount
$893.494K
Financial Aid Official Website
www.menominee.edu/Pros_Stu.aspx?id=645
Notably, around 93% of the students at College of Menominee Nation receive some kind of financial aid every year, official data shows. More information regarding the financial assistance schemes can be accessed on CMN’s official financial aid page at http://www.menominee.edu/Pros_Stu.aspx?id=645. Notably, a total of 72% of the applicants to College of Menominee Nation receive the Federal Grant every year. Meanwhile, 93% of the applicants receive the Student Grant and 35% are awarded the Institution Grant, while 72% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $7,418, the State Grant receivers and Institution Grant beneficiaries get $1,181 and $1,067, respectively. On the other hand, the average aid received by the Pell Grant awardees is $1,976. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $8,827 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $9,236 and $6,018, respectively. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period.
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