$5,112

Avg. Federal Grant

$5,124

Avg. Federal Loan

$518,246

Total Aid Awarded

Marian College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$518.246K

Financial Aid Official Website

www.mariancollege.edu

As many as 67% of the students at MHCCLAC get some sort of financial aid, and the total amount of assistance/loans provided is more than $915,941 in a year. At MHCCLAC, the total percentage of applicants who receive the Federal Grant stands at 58%. Meanwhile, 58% of the applicants receive the Student Grant, while 58% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,671. 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. 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. Candidates are also required to repay these loans within a given period. Every year, around 67% of the applicants to Marian Health Careers Center-Los Angeles Campus opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

86%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

86%

Average Aid Awarded

Federal Grant Aid

$5,112

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,112

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,920

$30,001 - $48,000

$5,470

$48,001 - $75,000

$1,520

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Marian College

Average Loan Amount Average Loan Amount received per year.

$5,124/Year

Students Taking Out Loans

93%

Loan Default Rate

14.7%

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