All Undergraduate Financial Aid

At Madison Area Technical College, 3,199 undergraduate students (26% of total 12,087 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $4,374.
Financial Aid Statistics (All Undergraduate Students) - Madison College
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship3,19926% $13,992,630$4,374
Pell Grants2,48321% $8,627,468$3,475
Federal Student Loan2,13718% $13,007,663$6,087

Beginning Undergraduate Students (Freshmen) Financial Aid

329 beginning undergraduate students (50% of total 654 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Madison Area Technical College. The average amount of aid received is $5,289.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Madison College
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid32950% --
Grants or Scholarships24938%$1,316,851$5,289
Federal Grants19730%$972,715$4,938
Pell Grants15524%$928,533$5,991
Other Federal Grants9414%$44,182$470
State/Local Grants18228%$244,819$1,345
Institutional Grants7211%$99,317$1,379
Student Loan Aid15524%$934,234$6,027
Federal Student Loans15524%$849,652$5,482
Other Student Loans71%$84,582$12,083

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Madison Area Technical 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.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level281209$1,207,961$4,299
0-30,0009191$661,112$7,265
30,001-48,0005347$264,093$4,983
48,001-75,0006050$234,643$3,911
75,001-110,0003713$41,113$1,111
110,001 or more408$7,000$175


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