White Mountains Community College Financial Aid and Scholarships
Students Receiving Aid
54%
Total Aid Amount
$1.676M
Financial Aid Official Website
www.wmcc.edu/admissions/financial-aid
As many as 89% of the students at WMCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,340,704 in a year. For additional information about financial assistance schemes, one can head over to WMCC’s financial aid page at http://www.wmcc.edu/admissions/financial-aid. The total percentage of candidates applying to White Mountains Community College who receive the Federal Grant is 60%. In comparison, 64% of the students are awarded the Student Grant, 2% get the Institution Grant, and 60% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,914, the State Grant receivers and Institution Grant beneficiaries get $1,542 and $358, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,202. 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. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At WMCC, an estimated number of 62% of the applicants choose to go for student loans.
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