Middlesex Community College Financial Aid and Scholarships
Students Receiving Aid
47%
Total Aid Amount
$4.540M
Financial Aid Official Website
www.mxcc.edu/financial-aid/
As many as 65% of the students at MCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $377,165 in a year. For additional information about financial assistance schemes, one can head over to MCC’s financial aid page at http://www.middlesex.mass.edu/financialaid/. Notably, a total of 62% of the applicants to Middlesex Community College receive the Federal Grant every year. Meanwhile, 65% of the applicants receive the Student Grant and 45% are awarded the Institution Grant, while 55% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $3,968, the State Grant receivers and Institution Grant beneficiaries get $2,804 and $1,243, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,757. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Middlesex Community College, the percentage of candidates who opt to avail of student loans is around 3%.
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