$5,156

Avg. Federal Grant

$5,916

Avg. Federal Loan

$7,285,408

Total Aid Awarded

Mount Marty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

51%

Total Aid Amount Average Total Aid Awarded per year.

$7.285M

Financial Aid Official Website

www.mtmc.edu/tuition-and-aid

As many as 99% of the students at MMC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,717,030 in a year. More information regarding the financial assistance schemes can be accessed on MMC’s official financial aid page at http://www.mtmc.edu/tuition-and-aid. Notably, a total of 37% of the applicants to Mount Marty College receive the Federal Grant every year. Meanwhile, 98% of the applicants receive the Student Grant and 95% are awarded the Institution Grant, while 36% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,501, the State Grant receivers and Institution Grant beneficiaries get $2,028 and $18,912, respectively. And, for the Pell Grant awardees, the average aid amount is $4,662. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $19,560 per year. The average aid amount stands at $17,741 for an annual family income between $30,001 and $48,000. This amount comes to $18,499 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $15,717 for those with an annual family income between $75,001 and $110,000, and at $17,016 for an income more than $110,000. 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. Candidates are also required to repay these loans within a given period. Every year, around 70% of the applicants to Mount Marty College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

40%

State Grant Aid

15%

Institution Grant Aid

95%

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$5,156

State Grant Aid

$1,281

Institution Grant Aid

$17,695

Pell Grant

$4,403

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$21,947

$30,001 - $48,000

$17,198

$48,001 - $75,000

$21,977

$75,001 - $110,000

$18,783

Over $110,000

$16,794

Student Loans for Mount Marty College

Average Loan Amount Average Loan Amount received per year.

$6,818/Year

Students Taking Out Loans

80%

Loan Default Rate

5.3%

Other Colleges In South Dakota

Aberdeen, South Dakota 4 years Public

#N/A

Aberdeen, South Dakota 4 years Private Not-For-Profit

A private, Evangelical Lutheran Church university, Augustana University is situated in Sioux Falls, SD. The university covers an area of 100 acres. The Augustana University is part of the Augustana University group. Augustana University was founded in the year 1860. The motto of the Augustana Un

Sioux Falls, South Dakota 4 years Private Not-For-Profit

Other Private not-for-profit Colleges


Online Education at Everest University

Everest University offers a diverse range of courses across various disciplines. These online courses not only provide knowledge to the students but a

Tampa, Florida 4 years Private Not-For-Profit

Ultimate Medical Academy also supports the Blackboard Learning Management System (Blackboard LMS) which provides a single access point to the courseroom. To login into UMA’s Blackboard environment also known as ‘The Puma Den’, you need to enter your username and password. The us

Clearwater, Florida 2 years Private Not-For-Profit

Located in Lima, OH, University of Northwestern Ohio is a private university. In 1920, University of Northwestern Ohio was founded. Notably, the official colors of the university are burgundy and gray. Out of total 4,500 students enrolled at UNO, 3,158 belong to undergraduate courses while 63 are po

Lima, Ohio 4 years Private Not-For-Profit