$4,568

Avg. Federal Grant

$4,305

Avg. Federal Loan

$13,407,563

Total Aid Awarded

Middlesex Community College (MCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$13.408M

Financial Aid Official Website

www.middlesex.mass.edu/financialaid/

Students can avail of scholarships provided by the college, such as Heriberto Flores Scholarship, MASSGrant Program, and New England Regional Student Program, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 69% of students at MCC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,205,922. For additional information about financial assistance schemes, one can head over to MCC’s financial aid page at http://www.middlesex.mass.edu/financialaid/. At MCC, the total percentage of applicants who receive the Federal Grant stands at 45%. In comparison, 57% of the students are awarded the Student Grant, 24% get the Institution Grant, and 45% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,631, the State Grant receivers and Institution Grant beneficiaries get $1,755 and $1,058, respectively. And, for the Pell Grant awardees, the average aid amount is $3,468. 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. Candidates are also required to repay these loans within a given period. Every year, around 20% of the applicants to Middlesex Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

48%

Institution Grant Aid

28%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,568

State Grant Aid

$1,369

Institution Grant Aid

$726

Pell Grant

$4,476

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,126

$30,001 - $48,000

$5,775

$48,001 - $75,000

$4,954

$75,001 - $110,000

$788

Over $110,000

$144

Student Loans for Middlesex Community College (MCC)

Average Loan Amount Average Loan Amount received per year.

$4,464/Year

Students Taking Out Loans

15%

Loan Default Rate

9.2%

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