Marietta College Financial Aid and Scholarships
Students Receiving Aid
75%
Total Aid Amount
$20.289M
Financial Aid Official Website
www.marietta.edu/tuition-financial-aid
Students can avail of scholarships provided by the college, such as Alumni Legacy Grant, Andi Parhamovich Scholarships, Charles Sumner Harrison Scholarship, and Dean's Scholarship, if they find educational expenses to be on the higher side. 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 $4,401,743. More information regarding the financial assistance schemes can be accessed on MC’s official financial aid page at http://www.marietta.edu/tuition-financial-aid. At MC, the total percentage of applicants who receive the Federal Grant stands at 39%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 31% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,049, the State Grant receivers and Institution Grant beneficiaries get $3,048 and $25,604, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,599. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $29,412 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $27,242, while those falling in the $48,001-$75,000 income category get $27,889 a year. On the other hand, the average federal aid stands at $23,436 for those with an annual family income between $75,001 and $110,000, and at $18,145 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Marietta College, the percentage of candidates who opt to avail of student loans is around 80%.
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