Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $4,260 and the average loan amount is $5,707. The average financial aid amount is 52.66% of tuition & fees based on out-of-state rate (tuition & fees: $8,090).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,578 69%$6,721,997$4,260
Pell Grants705 31%$3,302,368$4,684
Federal Students Loans212 9%$1,209,797$5,707

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), 419 students have received one or more types of financial aid at Mineral Area College.
The average amount of federal, state, local or institutional grant aid is $6,136 and the average amount of student loans awarded to full-time first-time undergraduate students is $4,461.
The following table shows the financial data by type of aid at Mineral Area College.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid42393%--
Grant or scholarship aid419 92%$2,570,977$6,136
Federal Grants224 49%$1,209,829$5,401
Pell Grants223 49%$1,188,652$5,330
Other Federal Grants59 13%$21,177$359
State/Local Grants283 62%$881,591$3,115
Institutional Grants101 22%$479,557$4,748
Student Loans36 8%$160,613$4,461
Federal Student Loans36 8%$160,613$4,461
Other Student Loans0 0%$0-

Financial Aid by Income Level

The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Mineral Area College.
Income Level# of Students# of Students Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
All Income Level--$1,420,861$6,205
0 - $30,000109 108$720,200$6,607
$30,001 - $48,00056 56$385,525$6,884
$48,001 - $75,00041 41$223,469$5,450
$75,001 - $110,00015 14$66,008$4,401
$110,001 - more8 6$25,659$3,207

Paid Tuition Rates by Residency

At Mineral Area College, for the first-time/full-time students, 214 students have paid in-state rate of tuition and 38 students have paid out-of-state tuition rate. In addition, 203 students have paid in-district rate of tuition.
# of Students
In-District Rate203
In-State Rate214
Out-of-State Rate38
Un-known0

Number of Students by Living Arrangement (Freshmen)

At Mineral Area College, 87 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 93 students live off-campus. In addition, 200 students live with their family.
# of Students
Living On-Campus87
Living Off-Campus93
Living with Family200
Un-known5