$5,677

Avg. Federal Grant

$5,636

Avg. Federal Loan

$160,358,766

Total Aid Awarded

Miami Dade College (MDC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

58%

Total Aid Amount Average Total Aid Awarded per year.

$160.359M

Financial Aid Official Website

www.mdc.edu/financialaid/

As many as 84% of the students at MDC get some sort of financial aid, and the total amount of assistance/loans provided is more than $19,206,864 in a year. More information regarding the financial assistance schemes can be accessed on MDC’s official financial aid page at http://www.mdc.edu/financialaid/. Notably, a total of 71% of the applicants to Miami Dade College receive the Federal Grant every year. On the other hand, 83% of the candidates get the Student Grant, 23% receive the Institution Grant, and 71% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,851, the State Grant receivers and Institution Grant beneficiaries get $1,777 and $2,458, respectively. And, for the Pell Grant awardees, the average aid amount is $4,233. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 Miami Dade College, the percentage of candidates who opt to avail of student loans is around 2%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

74%

State Grant Aid

11%

Institution Grant Aid

19%

Pell Grant

74%

Average Aid Awarded

Federal Grant Aid

$5,677

State Grant Aid

$1,514

Institution Grant Aid

$2,559

Pell Grant

$5,600

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,364

$30,001 - $48,000

$5,675

$48,001 - $75,000

$4,158

$75,001 - $110,000

$1,599

Over $110,000

$214

Student Loans for Miami Dade College (MDC)

Average Loan Amount Average Loan Amount received per year.

$5,636/Year

Students Taking Out Loans

3%

Loan Default Rate

7.5%

Other Colleges In Florida

Valencia College
Valencia College

Orlando, Florida

City College
City College

Altamonte Springs, Florida

Other Public Colleges

Florida State University (FSU)
Florida State University (FSU)

Tallahassee, Florida

Lamar University (LU)
Lamar University (LU)

Beaumont, Texas

Charlotte Technical College (CTC)
Charlotte Technical College (CTC)

Port Charlotte, Florida