OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Montgomery College Financial Aid and Scholarships 2022

Montgomery College is a public university located in Rockville, Maryland. At Montgomery College, the total enrolment stands at 21,260. The school has an academic staff of 1250 who teach various courses to the students. Around 70% of the students are 24 and under at Montgomery College. Shedding some light on gender distribution at MC, around 54% of the students are females and 46% are males. The college has produced several achievers in its many years of existence and some of the notable alumn

Montgomery College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

46%

Total Aid Amount Average Total Aid Awarded per year.

$40.921M

Financial Aid Official Website

www.montgomerycollege.edu/finaid/

Among them are scholarship programs such as Christa McAuliffe Scholarship, Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, Edward T. Conroy Memorial Scholarship, and Graduate and Professional Scholarship. It is interesting to note that, every year, around 66% of students at MC receive some kind of financial aid, while the total amount of assistance/loans provided is $12,136,910. At MC, the total percentage of applicants who receive the Federal Grant stands at 44%. In comparison, 56% of the students are awarded the Student Grant, 39% get the Institution Grant, and 44% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,777, the State Grant receivers and Institution Grant beneficiaries get $1,509 and $1,389, respectively. And, for the Pell Grant awardees, the average aid amount is $3,647. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 11% of the applicants to Montgomery College opt for student loans.

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