OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Mineral Area College Financial Aid and Scholarships 2022

Mineral Area College, which is located in Park Hills, MO is a public university. At Mineral Area College, the total enrolment stands at 2,640. To teach various courses to the students, the school has employed a total of 132 faculty. Around 79% of the students are 24 and under at Mineral Area College. Shedding some light on gender distribution at MAC, around 66% of the students are females and 34% are males. Russ Schoene, Demetrius Harris, Sonny Parker, and Tim Lollar are some of the well-know

Mineral Area College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

59%

Total Aid Amount Average Total Aid Awarded per year.

$8.487M

Financial Aid Official Website

www.mineralarea.edu/students/admissionInformation/financialAssistance/

As many as 98% of the students at MAC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,413,864 in a year. For additional information about financial assistance schemes, one can head over to MAC’s financial aid page at http://www.mineralarea.edu/students/admissionInformation/financialAssistance/. At MAC, the total percentage of applicants who receive the Federal Grant stands at 58%. In comparison, 93% of the students are awarded the Student Grant, 19% get the Institution Grant, and 58% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,857, and the same stands at $2,174 for State Grant awardees and $4,897 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,292. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At MAC, an estimated number of 17% of the applicants choose to go for student loans.

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