Moler Barber College Financial Aid and Scholarships
Students Receiving Aid
67%
Total Aid Amount
$1.316M
Financial Aid Official Website
moler.org
Students can avail of scholarships provided by the college, such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B, if they find educational expenses to be on the higher side. Notably, 93% of the students at Moler Barber College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,482,436. The total percentage of candidates applying to Moler Barber College who receive the Federal Grant is 80%. Meanwhile, 80% of the applicants receive the Student Grant, while 80% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,036. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Candidates are also required to repay these loans within a given period. At MBC, an estimated number of 89% of the applicants choose to go for student loans.