$4,598

Avg. Federal Grant

$5,456

Avg. Federal Loan

$1,923,161

Total Aid Awarded

Mid-Atlantic Christian University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$1.923M

Financial Aid Official Website

www.macuniversity.edu/admissions/financial-aid

Such schemes include Triangle Scholarship Program. Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $940,645. At MACU, the total percentage of applicants who receive the Federal Grant stands at 62%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 62% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,239, while the same comes to $4,032 for State Grant receivers and $3,575 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,566. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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. Every year, around 79% of the applicants to Mid-Atlantic Christian University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

62%

State Grant Aid

48%

Institution Grant Aid

94%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$4,598

State Grant Aid

$4,835

Institution Grant Aid

$6,229

Pell Grant

$4,448

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,698

$30,001 - $48,000

$12,708

$48,001 - $75,000

$13,534

$75,001 - $110,000

$7,946

Over $110,000

$6,000

Student Loans for Mid-Atlantic Christian University

Average Loan Amount Average Loan Amount received per year.

$5,456/Year

Students Taking Out Loans

65%

Loan Default Rate

17%

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