$3,331

Avg. Federal Grant

$7,918

Avg. Federal Loan

$486,046

Total Aid Awarded

Ohio Medical Career College (OMCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$486.046K

Financial Aid Official Website

www.omcc.edu/financialaid.html

Notably, 97% of the students at Ohio Medical Career College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $580,552. Notably, a total of 79% of the applicants to Ohio Medical Career College receive the Federal Grant every year. In comparison, 87% of the students get the Student Grant, and 79% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $2,893. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At OMCC, an estimated number of 79% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

88%

State Grant Aid

29%

Institution Grant Aid

N/A

Pell Grant

88%

Average Aid Awarded

Federal Grant Aid

$3,331

State Grant Aid

$3,147

Institution Grant Aid

N/A

Pell Grant

$3,331

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,567

$30,001 - $48,000

$2,263

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Ohio Medical Career College (OMCC)

Average Loan Amount Average Loan Amount received per year.

$7,918/Year

Students Taking Out Loans

88%

Loan Default Rate

N/A

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