Metropolitan Community College Financial Aid and Scholarships
Students Receiving Aid
38%
Total Aid Amount
$19.582M
Financial Aid Official Website
www.mccneb.edu/Prospective-Students/Tuition-Financial-Assistance/Financial-Aid.aspx
It is interesting to note that, every year, around 63% of students at MCCA receive some kind of financial aid, while the total amount of assistance/loans provided is $6,180,890. More information regarding the financial assistance schemes can be accessed on MCCA’s official financial aid page at http://www.mcckc.edu/financialaid/. Notably, a total of 40% of the applicants to Metropolitan Community College Area receive the Federal Grant every year. On the other hand, 59% of the candidates get the Student Grant, 38% receive the Institution Grant, and 40% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,455, and the same stands at $686 for State Grant awardees and $2,435 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,466. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. Every year, around 14% of the applicants to Metropolitan Community College Area opt for student loans.
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