OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Mitchell College Financial Aid and Scholarships 2022

There is a private university in New London, CT called Mitchell College. Mitchell College occupies a total area of about 68 acres. In 1938, Mitchell College was founded. Notably, the official colors of the university are red, white and black. At Mitchell College, the total enrolment stands at 642. The school has an academic staff of 68 who teach various courses to the students. Speaking of gender distribution, there are around 44% of the students who are females and 56% are males at Mitchell

Mitchell College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$11.147M

Financial Aid Official Website

mitchell.edu/cost-and-aid/

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 $2,730,536. For additional information about financial assistance schemes, one can head over to MC’s financial aid page at http://mitchell.edu/cost-and-aid/. At MC, the total percentage of applicants who receive the Federal Grant stands at 52%. In comparison, 100% of the students are awarded the Student Grant, 95% get the Institution Grant, and 52% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,545, while the same comes to $2,047 for State Grant receivers and $17,310 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,273. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $28,277 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $25,210, while those falling in the $48,001-$75,000 income category get $21,282 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $18,307. And, for those with a family income of more than $110,000, the amount stands at $13,182. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 75% of the applicants to Mitchell College opt for student loans.

Minumum Credit Score	Apply in as little as	Variable APR	Fixed APR
Not Available	15 minutes or less	2.95	4.74	View disclosures
620	2 minutes	5.38%-16.99%¹	4.43%-16.99%¹	View disclosures
Not Available	15 minutes	1.13% - 11.23%¹ (with autopay)	3.50% - 12.60%¹ (with autopay)	View disclosures

Minumum Credit Score

Apply in as little as

Variable APR

Fixed APR

Not Available

15 minutes or less

2.95

4.74

View disclosures

620

2 minutes

5.38%-16.99%¹

4.43%-16.99%¹

View disclosures

Not Available

15 minutes

1.13% - 11.23%¹ (with autopay)

3.50% - 12.60%¹ (with autopay)

View disclosures

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