Manor College Financial Aid and Scholarships
Students Receiving Aid
73%
Total Aid Amount
$3.147M
Financial Aid Official Website
https://manor.edu/admissions/financial-aid/
Among them are scholarship programs such as Joseph P. Gavenonis Scholarship and Technology Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,070,399. For additional information about financial assistance schemes, one can head over to MC’s financial aid page at https://manor.edu/admissions/financial-aid/. Notably, a total of 82% of the applicants to Manor College receive the Federal Grant every year. On the other hand, 96% of the candidates get the Student Grant, 37% receive the Institution Grant, and 82% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,264, the State Grant receivers and Institution Grant beneficiaries get $3,363 and $3,482, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,474. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $9,279 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $10,528, while those falling in the $48,001-$75,000 income category get $7,780 a year. On the other hand, the average federal aid stands at $4,504 for those with an annual family income between $75,001 and $110,000, and at $1,532 for an income more than $110,000. 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 Manor College, the percentage of candidates who opt to avail of student loans is around 91%.
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