$4,533

Avg. Federal Grant

N/A

Avg. Federal Loan

$5,610,028

Total Aid Awarded

Mountain Empire Community College (MECC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

51%

Total Aid Amount Average Total Aid Awarded per year.

$5.610M

Financial Aid Official Website

www.mecc.edu/students/paying-for-college/financial-aid/

Financial aid for students at Mountain Empire Community College can come in the form of grants, loans, scholarships, and part-time jobs. Federal aid is the first option when it comes to applying for financial aid at Mountain Empire Community College.

Under federal programs, the first one is Federal Pell Grants. This grant is awarded to students who are yet to earn their Bachelor’s degree. The maximum Federal Pell Grant for the year 2020-2021 is $6,345.

The eligible students will be awarded this aid once they’ve filled the Free Application for Federal Student Aid(FAFSA). The second one under Federal Aid is Federal Work-Study which provides part-time jobs to students with financial needs.

State Programs are the second option when applying for financial aid. To be awarded this aid, students should be domiciled in Virginia. Aids included in State Programs are COMA (Commonwealth Grant) and VGAP (Virginia Guaranteed Assistance Program).

For VGAP students must have scored a 2.5 GPA in high school.COMA and VGAP grants vary between $1,000 and $2,000. Finally, the third option is MECC scholarships, which include Presidential Honor Scholarships, Mary Marshall Nursing Scholarship, and AIMS Scholarship.  

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

74%

Institution Grant Aid

42%

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$4,533

State Grant Aid

$1,015

Institution Grant Aid

$1,926

Pell Grant

$4,423

As shown in the table the breakdown includes federal grants, pell grants, state grants, and institutional grants, with federal grants having the highest percentage contribution of 75% with an average aid amount of $4,533.

Institutional Aid and State Grant Aid percentage are reported to be 42% and 74% with an average aid of $1,926 and $1,015.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,881

$30,001 - $48,000

$5,931

$48,001 - $75,000

$4,232

$75,001 - $110,000

$4,870

Over $110,000

N/A

The University has broken down the amount of aid according to the family's financial strength towards educational expenses which will help them in managing their finances.

As illustrated above, the students get the aid of $5,881 whose family income is under $30,000 and aid of $5,931 whose family income is above $110,000.

Student Loans for Mountain Empire Community College (MECC)

Average Loan Amount Average Loan Amount received per year.

$2,285/Year

Students Taking Out Loans

1%

Loan Default Rate

N/A

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