$4,292
Avg. Federal Grant
$5,505
Avg. Federal Loan
$340,358
Total Aid Awarded
Students Receiving Aid
44%
Total Aid Amount
$340.358K
Financial Aid Official Website
www.mchp.edu/financial-aid-process
Student Receiving Aid
Federal Grant Aid
67%
State Grant Aid
67%
Institution Grant Aid
17%
Pell Grant
67%
Average Aid Awarded
Federal Grant Aid
$4,292
State Grant Aid
$1,219
Institution Grant Aid
$3,800
Pell Grant
$4,292
Family Income
Average Federal Aid Per Year
Under $30,000
$7,420
$30,001 - $48,000
$4,697
$48,001 - $75,000
$2,614
$75,001 - $110,000
N/A
Over $110,000
N/A
Average Loan Amount
$5,505/Year
Students Taking Out Loans
67%
Loan Default Rate
0.8%
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