$4,987

Avg. Federal Grant

$7,295

Avg. Federal Loan

$7,332,361

Total Aid Awarded

Mendocino College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

57%

Total Aid Amount Average Total Aid Awarded per year.

$7.332M

Financial Aid Official Website

www.mendocino.edu/student-services/financial-aid

Among them are scholarship programs such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. As many as 83% of the students at MC get some sort of financial aid, and the total amount of assistance/loans provided is more than $686,571 in a year. For additional information about financial assistance schemes, one can head over to MC’s financial aid page at http://www.mendocino.edu/student-services/financial-aid. The total percentage of candidates applying to Mendocino College who receive the Federal Grant is 54%. Meanwhile, 82% of the applicants receive the Student Grant and 6% are awarded the Institution Grant, while 54% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,238, the State Grant receivers and Institution Grant beneficiaries get $1,799 and $1,001, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,960. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 Mendocino College, the percentage of candidates who opt to avail of student loans is around 5%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

68%

State Grant Aid

85%

Institution Grant Aid

14%

Pell Grant

68%

Average Aid Awarded

Federal Grant Aid

$4,987

State Grant Aid

$2,003

Institution Grant Aid

$535

Pell Grant

$4,881

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,462

$30,001 - $48,000

$7,341

$48,001 - $75,000

$5,654

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Mendocino College

Average Loan Amount Average Loan Amount received per year.

$7,295/Year

Students Taking Out Loans

2%

Loan Default Rate

22.8%

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