$4,364

Avg. Federal Grant

$4,860

Avg. Federal Loan

$3,184,032

Total Aid Awarded

Great Falls College Montana State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

48%

Total Aid Amount Average Total Aid Awarded per year.

$3.184M

Financial Aid Official Website

finaid.gfcmsu.edu/

As many as 81% of the students at GFCMSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,428,102 in a year. For additional information about financial assistance schemes, one can head over to GFCMSU’s financial aid page at http://finaid.gfcmsu.edu/. The total percentage of candidates applying to Great Falls College Montana State University who receive the Federal Grant is 52%. On the other hand, 62% of the candidates get the Student Grant, 10% receive the Institution Grant, and 52% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,748, and the same stands at $4,084 for State Grant awardees and $1,712 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,862. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. At GFCMSU, an estimated number of 46% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

62%

State Grant Aid

8%

Institution Grant Aid

11%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$4,364

State Grant Aid

$2,690

Institution Grant Aid

$2,017

Pell Grant

$4,326

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,576

$30,001 - $48,000

$4,161

$48,001 - $75,000

$2,630

$75,001 - $110,000

$109

Over $110,000

N/A

Student Loans for Great Falls College Montana State University

Average Loan Amount Average Loan Amount received per year.

$4,860/Year

Students Taking Out Loans

49%

Loan Default Rate

14.7%

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