$4,488

Avg. Federal Grant

$3,041

Avg. Federal Loan

$12,136,141

Total Aid Awarded

Moberly Area Community College (MACC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

55%

Total Aid Amount Average Total Aid Awarded per year.

$12.136M

Financial Aid Official Website

www.macc.edu/financial-aid

Notably, 93% of the students at Moberly Area Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,256,959. For additional information about financial assistance schemes, one can head over to MACC’s financial aid page at http://www.macc.edu/financial-aid. At MACC, the total percentage of applicants who receive the Federal Grant stands at 51%. Meanwhile, 85% of the applicants receive the Student Grant and 14% are awarded the Institution Grant, while 51% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,492, while the same comes to $2,955 for State Grant receivers and $849 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,394. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Moberly Area Community College, the percentage of candidates who opt to avail of student loans is around 12%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

58%

Institution Grant Aid

12%

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$4,488

State Grant Aid

$2,814

Institution Grant Aid

$956

Pell Grant

$4,406

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,798

$30,001 - $48,000

$5,343

$48,001 - $75,000

$4,184

$75,001 - $110,000

$2,463

Over $110,000

$1,337

Student Loans for Moberly Area Community College (MACC)

Average Loan Amount Average Loan Amount received per year.

$3,037/Year

Students Taking Out Loans

14%

Loan Default Rate

17.3%

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