As many as 62% of the students at MCC receive some kind of financial aid, shows the latest data. More information regarding the financial assistance schemes can be accessed on MCC’s official financial aid page at https://mitchellcc.edu/financial-aid-and-scholarships. Notably, a total of 59% of the applicants to Mitchell Community College receive the Federal Grant every year. In comparison, 62% of the students are awarded the Student Grant, 13% get the Institution Grant, and 51% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,987, and the same stands at $1,571 for State Grant awardees and $878 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,531. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 1% of the applicants to Mitchell Community College opt for student loans.