Eastern Maine Community College (EMCC) Financial Aid and Scholarships
Students Receiving Aid
69%
Total Aid Amount
$7.326M
Financial Aid Official Website
N/A
Among them are scholarship programs such as Governor Longley Scholarship, Hope Milliken McNally Scholarship, Maine Public Relations Council Scholarship, and Maine State Society of Washington D.C. Scholarship. It is interesting to note that, every year, around 95% of students at EMCC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,449,782. At EMCC, the total percentage of applicants who receive the Federal Grant stands at 62%. On the other hand, 80% of the candidates get the Student Grant, 41% receive the Institution Grant, and 62% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,381, the State Grant receivers and Institution Grant beneficiaries get $1,370 and $1,182, respectively. On the other hand, the average aid received by the Pell Grant awardees is $5,156. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Eastern Maine Community College, the percentage of candidates who opt to avail of student loans is around 57%.
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