$4,555

Avg. Federal Grant

N/A

Avg. Federal Loan

$8,716,534

Total Aid Awarded

Mitchell Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$8.717M

Financial Aid Official Website

https://mitchellcc.edu/financial-aid-and-scholarships

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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

56%

State Grant Aid

34%

Institution Grant Aid

11%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,555

State Grant Aid

$1,422

Institution Grant Aid

$899

Pell Grant

$5,272

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,875

$30,001 - $48,000

$5,918

$48,001 - $75,000

$5,358

$75,001 - $110,000

$4,618

Over $110,000

N/A

Student Loans for Mitchell Community College

Average Loan Amount Average Loan Amount received per year.

$3,337/Year

Students Taking Out Loans

1%

Loan Default Rate

N/A

Other Colleges In North Carolina

North Carolina State University
North Carolina State University

Raleigh, North Carolina

Appalachian State University
Appalachian State University

Boone, North Carolina

East Carolina University (ECU)
East Carolina University (ECU)

Greenville, North Carolina