Messenger College Financial Aid and Scholarships
Students Receiving Aid
82%
Total Aid Amount
$203.093K
Financial Aid Official Website
www.messengercollege.edu/financial-aid
Interestingly, almost all of the students at MC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $338,454 in a year. More information regarding the financial assistance schemes can be accessed on MC’s official financial aid page at http://www.messengercollege.edu/financial-aid. At MC, the total percentage of applicants who receive the Federal Grant stands at 63%. On the other hand, 100% of the candidates get the Student Grant, 88% receive the Institution Grant, and 63% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,632. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $5,965 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $8,568 and $5,465, respectively. On the other hand, the average federal aid stands at $1,700 for those with an annual family income between $75,001 and $110,000, and at $2,050 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At MC, an estimated number of 63% of the applicants choose to go for student loans.
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