$2,907

Avg. Federal Grant

$7,500

Avg. Federal Loan

$209,356

Total Aid Awarded

Mountain State College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

70%

Total Aid Amount Average Total Aid Awarded per year.

$209.356K

Financial Aid Official Website

msc.edu

It is interesting to note that almost every student at MSC receives some kind of financial aid. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $6,282. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Mountain State College, the percentage of candidates who opt to avail of student loans is around 100%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

100%

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$2,907

State Grant Aid

$1,800

Institution Grant Aid

N/A

Pell Grant

$2,907

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,667

$30,001 - $48,000

$900

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Mountain State College

Average Loan Amount Average Loan Amount received per year.

$7,500/Year

Students Taking Out Loans

100%

Loan Default Rate

22.4%

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