$4,780

Avg. Federal Grant

$4,323

Avg. Federal Loan

$21,550,771

Total Aid Awarded

Middlesex County College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

40%

Total Aid Amount Average Total Aid Awarded per year.

$21.551M

Financial Aid Official Website

www.middlesexcc.edu/financial-aid/

As many as 57% of the students at MCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,463,149 in a year. More information regarding the financial assistance schemes can be accessed on MCC’s official financial aid page at http://www.middlesexcc.edu/financial-aid/. Notably, a total of 47% of the applicants to Middlesex County College receive the Federal Grant every year. On the other hand, 51% of the candidates get the Student Grant, 3% receive the Institution Grant, and 47% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,842, the State Grant receivers and Institution Grant beneficiaries get $2,141 and $1,351, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,054. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 Middlesex County College, the percentage of candidates who opt to avail of student loans is around 8%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

25%

Institution Grant Aid

2%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$4,780

State Grant Aid

$2,199

Institution Grant Aid

$1,033

Pell Grant

$4,753

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,632

$30,001 - $48,000

$5,941

$48,001 - $75,000

$2,900

$75,001 - $110,000

$767

Over $110,000

$197

Student Loans for Middlesex County College

Average Loan Amount Average Loan Amount received per year.

$4,492/Year

Students Taking Out Loans

8%

Loan Default Rate

10.9%

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