1,716 students (72% of total 2,389 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Mineral Area College (MAC). The average amount of the aid awarded is $4,741.
For the first-time, full-time beginning students (freshmen), 93% of total 562 enrolled students have received any kind of financial aid and its average amount of aid received is $6,761.
At Mineral Area College, 1,716 undergraduate students (72% of total 2,389 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $4,741.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 1,716 | 72% | $8,136,273 | $4,741 |
| Pell Grants | 770 | 32% | $3,799,729 | $4,935 |
| Federal Student Loan | 244 | 10% | $1,496,182 | $6,132 |
522 beginning undergraduate students (93% of total 562 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Mineral Area College. The average amount of aid received is $6,761.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 522 | 93% | - | - |
| Grants or Scholarships | 501 | 89% | $3,387,016 | $6,761 |
| Federal Grants | 273 | 49% | $1,521,436 | $5,573 |
| Pell Grants | 273 | 49% | $1,483,878 | $5,435 |
| Other Federal Grants | 97 | 17% | $37,558 | $387 |
| State/Local Grants | 351 | 62% | $1,196,627 | $3,409 |
| Institutional Grants | 110 | 20% | $668,953 | $6,081 |
| Student Loan Aid | 77 | 14% | $405,969 | $5,272 |
| Federal Student Loans | 75 | 13% | $379,469 | $5,060 |
| Other Student Loans | 4 | 1% | $26,500 | $6,625 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Mineral Area College.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 229 | 225 | $1,420,861 | $6,205 |
| 0-30,000 | 109 | 108 | $720,200 | $6,607 |
| 30,001-48,000 | 56 | 56 | $385,525 | $6,884 |
| 48,001-75,000 | 41 | 41 | $223,469 | $5,450 |
| 75,001-110,000 | 15 | 14 | $66,008 | $4,401 |
| 110,001 or more | 8 | 6 | $25,659 | $3,207 |
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