Financial Aid at MAC

Average Amount Received% Received Financial Aid
$3,877 75%
1,722 students (75% of total 2,282 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Mineral Area College.
The average amount of the aid awarded is $3,877. For the first-time, full-time beginning students (freshmen), 95% of total 495 enrolled students have received any kind of financial aid and its average amount of aid received is $5,553.
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All Undergraduate Financial Aid

At Mineral Area College, 1,722 undergraduate students (75% of total 2,282 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $3,877.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,72275% $6,676,327$3,877
Pell Grants80035% $3,488,193$4,360
Federal Student Loan24611% $1,346,805$5,475

Beginning Undergraduate Students (Freshmen) Financial Aid

472 beginning undergraduate students (95% of total 495 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Mineral Area College. The average amount of aid received is $5,553.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid47295% --
Grants or Scholarships46494%$2,576,740$5,553
Federal Grants24149%$1,228,874$5,099
Pell Grants24149%$1,214,237$5,038
Other Federal Grants5511%$14,637$266
State/Local Grants32666%$917,824$2,815
Institutional Grants10722%$430,042$4,019
Student Loan Aid479%$230,286$4,900
Federal Student Loans479%$230,286$4,900
Other Student Loans----

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Mineral Area College.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level256250$1,482,760$5,792
0-30,000124124$822,574$6,634
30,001-48,0005959$347,825$5,895
48,001-75,0005150$239,057$4,687
75,001-110,0001513$55,732$3,715
110,001 or more74$17,572$2,510
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