Missouri Valley College Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

Missouri Valley College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$19.239M

Financial Aid Official Website

www.moval.edu/admissions-financial-aid

Interestingly, almost all of the students at MVC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $8,418,239 in a year. One can visit MVC's financial aid page at http://www.moval.edu/admissions-financial-aid for more information. Notably, a total of 49% of the applicants to Missouri Valley College receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 49% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,807, while the same comes to $1,907 for State Grant receivers and $12,398 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,622. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $15,698 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $15,263 and $12,509, respectively. Those with an annual income level of $75,001-$110,000 would receive $11,665, while candidates with more than $110,000 of family income receive an average federal aid of $11,583. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 66% of the applicants to Missouri Valley College opt for student loans.

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