$5,737

Avg. Federal Grant

$4,811

Avg. Federal Loan

$5,236,997

Total Aid Awarded

Marlboro College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$5.237M

Financial Aid Official Website

www.marlboro.edu/admissions/undergraduate/financial-aid

It is interesting to note that almost every student at MC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $680,895. For additional information about financial assistance schemes, one can head over to MC’s financial aid page at http://www.marlboro.edu/admissions/undergraduate/financial-aid. Notably, a total of 43% of the applicants to Marlboro College receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 97% are awarded the Institution Grant, while 43% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,399, the State Grant receivers and Institution Grant beneficiaries get $3,054 and $30,618, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,699. 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 $41,333 in a year. The average aid amount stands at $37,032 for an annual family income between $30,001 and $48,000. This amount comes to $40,242 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $37,000. And, for those with a family income of more than $110,000, the amount stands at $28,015. 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. Candidates are also required to repay these loans within a given period. At Marlboro College, the percentage of candidates who opt to avail of student loans is around 70%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

11%

Institution Grant Aid

100%

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$5,737

State Grant Aid

$4,233

Institution Grant Aid

$31,938

Pell Grant

$5,005

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$43,395

$30,001 - $48,000

$43,710

$48,001 - $75,000

$38,225

$75,001 - $110,000

$39,481

Over $110,000

$22,883

Student Loans for Marlboro College

Average Loan Amount Average Loan Amount received per year.

$5,249/Year

Students Taking Out Loans

61%

Loan Default Rate

5.6%

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