College Of The Mainland Financial Aid and Scholarships
Students Receiving Aid
31%
Total Aid Amount
$5.077M
Financial Aid Official Website
www.com.edu/financial-aid/
Notably, 58% of the students at College of the Mainland get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $792,374. For additional information about financial assistance schemes, one can head over to CM’s financial aid page at http://www.com.edu/financial-aid/. At CM, the total percentage of applicants who receive the Federal Grant stands at 43%. Meanwhile, 56% of the applicants receive the Student Grant and 19% are awarded the Institution Grant, while 43% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,549, the State Grant receivers and Institution Grant beneficiaries get $2,159 and $1,309, respectively. And, for the Pell Grant awardees, the average aid amount is $4,669. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CM, an estimated number of 4% of the applicants choose to go for student loans.
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