$5,106

Avg. Federal Grant

N/A

Avg. Federal Loan

$9,281,151

Total Aid Awarded

Mission College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

37%

Total Aid Amount Average Total Aid Awarded per year.

$9.281M

Financial Aid Official Website

www.missioncollege.org/student_services/financial_aid/default.html

Students can avail of scholarships provided by the college, such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B, if they find educational expenses to be on the higher side. Notably, 67% of the students at Mission College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $207,064. For additional information about financial assistance schemes, one can head over to MC’s financial aid page at http://www.missioncollege.org/student_services/financial_aid/default.html. At MC, the total percentage of applicants who receive the Federal Grant stands at 37%. Meanwhile, 67% of the applicants receive the Student Grant and 33% are awarded the Institution Grant, while 37% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,127, and the same stands at $2,454 for State Grant awardees and $1,046 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,767. 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. 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. Candidates are also required to repay these loans within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

22%

State Grant Aid

32%

Institution Grant Aid

15%

Pell Grant

22%

Average Aid Awarded

Federal Grant Aid

$5,106

State Grant Aid

$2,007

Institution Grant Aid

$1,034

Pell Grant

$4,826

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,399

$30,001 - $48,000

$7,857

$48,001 - $75,000

$5,772

$75,001 - $110,000

$4,712

Over $110,000

N/A

Student Loans for Mission College

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

12.6%

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