OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Memphis College of Art Financial Aid and Scholarships 2022

Memphis College of Art, which is located in Memphis, TN is a private university. Memphis College of Art covers an area of 8 acres. University of Memphis is the parent institution of the Memphis College of Art. It was in 1936 when the Memphis College of Art was founded. Memphis College of Art is recognised by its official colors, red and white. In addition to over 50 undergraduate students, MCA also boasts of over 1 students in its postgraduate courses, taking the total enrollment to over 450.

$4,755

Avg. Federal Grant

$5,675

Avg. Federal Loan

$5,393,920

Total Aid Awarded

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Memphis College of Art Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$5.394M

Financial Aid Official Website

www.mca.edu

Notably, a number of students enrolled in Memphis College of Art opt for some kind of financial aid every year. Also, the total amount of assistance/loans provided adds up to around $668,764. On the other hand, the average aid received by the Pell Grant awardees is $4,970. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

62%

State Grant Aid

57%

Institution Grant Aid

100%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$4,755

State Grant Aid

$5,017

Institution Grant Aid

$12,623

Pell Grant

$4,555

Student Loans for Memphis College of Art

Average Loan Amount Average Loan Amount received per year.

$6,527/Year

Students Taking Out Loans

79%

Loan Default Rate

19%

Explore Tuition & Cost Breakdown Explore Best Student Loans

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Memphis College of Art Financial Aid and Scholarships

Financial Aid Breakdown

Student Loans for Memphis College of Art

Other Colleges In Tennessee

Other Colleges In Memphis

Other Private not-for-profit Colleges

Online Education at Saint Leo University

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