$3,831

Avg. Federal Grant

$6,309

Avg. Federal Loan

$351,379

Total Aid Awarded

Midwives College of Utah Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$351.379K

Financial Aid Official Website

www.midwifery.edu/federal-financial-aid/

Notably, 40% of the students at Midwives College of Utah get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $593,373. More information regarding the financial assistance schemes can be accessed on MCU’s official financial aid page at http://www.midwifery.edu/federal-financial-aid/. The total percentage of candidates applying to Midwives College of Utah who receive the Federal Grant is 40%. Meanwhile, 40% of the applicants receive the Student Grant, while 40% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,658. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $2,908 in a year. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 40% of the applicants to Midwives College of Utah opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

83%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

83%

Average Aid Awarded

Federal Grant Aid

$3,831

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$3,831

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,440

$30,001 - $48,000

$5,920

$48,001 - $75,000

$2,785

$75,001 - $110,000

$1,570

Over $110,000

N/A

Student Loans for Midwives College of Utah

Average Loan Amount Average Loan Amount received per year.

$6,309/Year

Students Taking Out Loans

67%

Loan Default Rate

10.4%

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