Manhattan Christian College (MCC) Financial Aid and Scholarships
Students Receiving Aid
80%
Total Aid Amount
$1.830M
Financial Aid Official Website
mccks.edu/campus-life/paying-for-college/financial-aid/
Such schemes include Albert M. Lappin Scholarship, Hansen Leaders of Tomorrow, Hansen Scholar Award, and Hansen Student Scholarship. As many as 99% of the students at MCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $999,078 in a year. More information regarding the financial assistance schemes can be accessed on MCC’s official financial aid page at http://mccks.edu/campus-life/paying-for-college/financial-aid/. At MCC, the total percentage of applicants who receive the Federal Grant stands at 36%. Meanwhile, 99% of the applicants receive the Student Grant and 96% are awarded the Institution Grant, while 36% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,490, while the same comes to $1,584 for State Grant receivers and $6,622 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,586. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $11,323 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $11,032, while those falling in the $48,001-$75,000 income category get $7,932 a year. Those with an annual income level of $75,001-$110,000 would receive $6,688, while candidates with more than $110,000 of family income receive an average federal aid of $6,423. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At MCC, an estimated number of 67% of the applicants choose to go for student loans.
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