OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Maria College of Albany Financial Aid and Scholarships 2022

Maria College of Albany which is a private, Roman Catholic university, is located in Albany, New York. Taking into account all the courses offered at Maria College of Albany, the total enrolment stands at 796. The school has a total of 99 academic staff. These faculty teach different courses to the students. At MCA, around 88% of the students are females and 12% are males. Further, around 59% of the students are 25 and over. The average earnings, of the graduates, of this institute stands at

Maria College of Albany Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

78%

Total Aid Amount Average Total Aid Awarded per year.

$1.005M

Financial Aid Official Website

mariacollege.edu/admissions/financial-aid/

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 $4,844,437. More information regarding the financial assistance schemes can be accessed on MCA’s official financial aid page at http://mariacollege.edu/admissions/financial-aid/. Notably, a total of 57% of the applicants to Maria College of Albany receive the Federal Grant every year. Meanwhile, 81% of the applicants receive the Student Grant and 14% are awarded the Institution Grant, while 57% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,235, while the same comes to $3,949 for State Grant receivers and $1,590 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,308. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $13,706 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $10,856 and $7,889, respectively. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 76% of the applicants to Maria College of Albany opt for student loans.

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