$5,175

Avg. Federal Grant

$5,705

Avg. Federal Loan

$39,382,892

Total Aid Awarded

Manhattanville College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$39.383M

Financial Aid Official Website

www.mville.edu/undergraduate-admissions/financial-aid-scholarships

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,238,101. One can visit MC's financial aid page at http://www.mville.edu/undergraduate-admissions/financial-aid-scholarships for more information. At MC, the total percentage of applicants who receive the Federal Grant stands at 32%. Meanwhile, 100% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 32% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,381, while the same comes to $3,206 for State Grant receivers and $24,360 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,096. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $32,450 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $31,819 and $30,662, respectively. Those with an annual income level of $75,001-$110,000 would receive $25,136, while candidates with more than $110,000 of family income receive an average federal aid of $20,588. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At MC, an estimated number of 51% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

39%

State Grant Aid

25%

Institution Grant Aid

99%

Pell Grant

39%

Average Aid Awarded

Federal Grant Aid

$5,175

State Grant Aid

$3,296

Institution Grant Aid

$23,230

Pell Grant

$4,923

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$32,301

$30,001 - $48,000

$31,664

$48,001 - $75,000

$30,790

$75,001 - $110,000

$23,630

Over $110,000

$21,441

Student Loans for Manhattanville College

Average Loan Amount Average Loan Amount received per year.

$7,759/Year

Students Taking Out Loans

56%

Loan Default Rate

4.4%

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