Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $5,344 and the average loan amount is $9,584. The average financial aid amount is 30.06% of tuition & fees (tuition & fees: $17,775).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid56 25%$299,280$5,344
Pell Grants56 25%$288,569$5,153
Federal Students Loans107 47%$1,025,451$9,584

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 56 students have received one or more types of financial aid at MCI.
The average amount of federal, state, local or institutional grant aid is $5,255 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,584.
The following table shows the financial data by type of aid at MCI.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid10748%--
Grant or scholarship aid56 25%$294,280$5,255
Federal Grants56 25%$288,569$5,153
Pell Grants56 25%$288,569$5,153
Other Federal Grants0 0%$0$0
State/Local Grants1 0%$5,711$5,711
Institutional Grants0 0%$0$0
Student Loans107 48%$1,025,451$9,584
Federal Student Loans107 48%$1,025,451$9,584
Other Student Loans0 0%$0$0