$4,935

Avg. Federal Grant

$6,233

Avg. Federal Loan

$6,823,004

Total Aid Awarded

Mohave Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

42%

Total Aid Amount Average Total Aid Awarded per year.

$6.823M

Financial Aid Official Website

https://www.mohave.edu/paying-for-college/financial-aid/

As many as 84% of the students at MCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,537,344 in a year. One can visit MCC's financial aid page at https://www.mohave.edu/paying-for-college/financial-aid/ for more information. The total percentage of candidates applying to Mohave Community College who receive the Federal Grant is 71%. In comparison, 80% of the students are awarded the Student Grant, 13% get the Institution Grant, and 71% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,631. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 16% of the applicants to Mohave Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

68%

State Grant Aid

1%

Institution Grant Aid

5%

Pell Grant

68%

Average Aid Awarded

Federal Grant Aid

$4,935

State Grant Aid

$500

Institution Grant Aid

$938

Pell Grant

$4,883

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,103

$30,001 - $48,000

$5,078

$48,001 - $75,000

$1,927

$75,001 - $110,000

$1,657

Over $110,000

N/A

Student Loans for Mohave Community College

Average Loan Amount Average Loan Amount received per year.

$6,233/Year

Students Taking Out Loans

14%

Loan Default Rate

14.8%

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