$3,329

Avg. Federal Grant

$6,859

Avg. Federal Loan

$2,055,291

Total Aid Awarded

Midwestern Career College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

70%

Total Aid Amount Average Total Aid Awarded per year.

$2.055M

Financial Aid Official Website

mccollege.edu/financial-aid/

It is interesting to note that, every year, around 89% of students at MCC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,952,636. Notably, a total of 89% of the applicants to Midwestern Career College receive the Federal Grant every year. In comparison, 89% of the students are awarded the Student Grant, 18% get the Institution Grant, and 89% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,800. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. Every year, around 88% of the applicants to Midwestern Career College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

70%

State Grant Aid

1%

Institution Grant Aid

11%

Pell Grant

70%

Average Aid Awarded

Federal Grant Aid

$3,329

State Grant Aid

$8,000

Institution Grant Aid

$500

Pell Grant

$3,329

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,642

$30,001 - $48,000

$1,704

$48,001 - $75,000

$2,678

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Midwestern Career College

Average Loan Amount Average Loan Amount received per year.

$6,859/Year

Students Taking Out Loans

72%

Loan Default Rate

12.5%

Other Colleges In Illinois

#N/A

Dekalb, Illinois 4 years Public

Augustana College, which is located in Rock Island, Illinois is a private, Evangelical Lutheran Church university. At Augustana College, the total enrolment stands at 2,546. The school has a total of 231 academic staff. These faculty teach different courses to the students. Speaking of gender dis

Rock Island, Illinois 4 years Private Not-For-Profit


Online Education at DeVry University

For adults who are unable to pursue their higher education due to various responsibilities and jobs, the university provides various online courses to excel at various levels such as Associate, Undergraduate, and Bachelor’s degree

Chicago, Illinois 4 years Private For-Profit

Other Colleges In Chicago

Chicago, Illinois 4 years Private Not-For-Profit

Chicago, Illinois 4 years Private Not-For-Profit

Northeastern Illinois University, which is located in Chicago, IL is a public university. Northeastern Illinois University covers an area of 67 acres. Northeastern Illinois University was founded in the year 1867. The motto of the Northeastern Illinois University is Excellence. Access. Diversity.

Chicago, Illinois 4 years Public

Other Private for-profit Colleges

  • The student-faculty ratio is 15:1.

  • The graduation rate of the university is 56%.

  • College accreditation - The college is regionally accredited and recognized by the Accrediting Council for I

Phoenix, Arizona -2 years Private For-Profit

  • The student-faculty ratio of the university is 26:1.

The university offers various facilities and services for the students to succeed and achieve their goals and targets; it caters to the student’s needs by providing servi

Savannah, Georgia 4 years Private Not-For-Profit

Initially, the university was known as ‘Strayer's Business College’, and later changed to ‘Strayer College’. The university got its current name in the year 1998 after it was granted the university status. The is an online accredited university es

Arlington, Virginia 4 years Private For-Profit