OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Monterey Peninsula College (MPC) Financial Aid and Scholarships 2022

Located in Monterey, CA, Monterey Peninsula College is a public university. In 1947, Monterey Peninsula College was founded. Taking into account all the courses offered at Monterey Peninsula College, the total enrolment stands at 7,920. To teach various courses to the students, the school has employed a total of 396 faculty. Around 59% of the students are 24 and under at Monterey Peninsula College. Shedding some light on gender distribution at MPC, around 55% of the students are females and 4

Monterey Peninsula College (MPC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

41%

Total Aid Amount Average Total Aid Awarded per year.

$11.120M

Financial Aid Official Website

www.mpc.edu/financial-aid

Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. As many as 71% of the students at MPC get some sort of financial aid, and the total amount of assistance/loans provided is more than $735,980 in a year. More information regarding the financial assistance schemes can be accessed on MPC’s official financial aid page at http://www.mpc.edu/financial-aid. The total percentage of candidates applying to Monterey Peninsula College who receive the Federal Grant is 38%. Meanwhile, 69% of the applicants receive the Student Grant, while 38% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,861. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Monterey Peninsula College, the percentage of candidates who opt to avail of student loans is around 2%.

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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