Scholarships, Grants, and Loan Trends at MCC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 216, which is 87.22 % of all undergraduate students. 171 students which is 66.56% of undergraduate students received federal student loans and the average loan amount is $7,458.
For full-time, first-time beginning students (freshmen), 99.44% of students received grants or scholarships and 79% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Manhattan Christian College since 2013.
For that period, the average number of students who received grants aid/scholarships is 216, which is 87.22 % of all undergraduate students. 171 students which is 66.56% of undergraduate students received federal student loans and the average loan amount is $7,458.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14241 (74%)$6,205106 (32%)$4,518218 (67%)$8,679
2014-15271 (87%)$6,581124 (40%)$4,285241 (77%)$9,201
2015-16267 (87%)$6,894109 (35%)$4,225235 (76%)$7,388
2016-17239 (84%)$6,77195 (33%)$4,207169 (60%)$7,974
2017-18227 (80%)$8,063121 (43%)$4,487215 (76%)$6,684
2018-19194 (86%)$8,13790 (40%)$4,586144 (64%)$6,938
2019-20174 (93%)$8,27979 (42%)$3,803110 (59%)$7,942
2020-21165 (99%)$8,73459 (35%)$4,69594 (56%)$6,371
2021-22168 (95%)$9,09368 (38%)$4,067114 (64%)$5,949
Average216 (87.22%)$7,64095 (37.56%)$4,319171 (66.56%)$7,458

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 60 (99.44 % of students) received grants or scholarships and its average amount is $10,879. It can cover 59.05% of tuition & fees ($18,424).
In addition, 49 (79.22 % of students) students get helped from the students loans (average amount : $5,070).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1473 (100%)$13,56066 (90%)$3,487
2014-1570 (100%)$14,42766 (94%)$3,463
2015-1679 (100%)$14,41873 (92%)$3,190
2016-1757 (100%)$7,79339 (68%)$6,258
2017-1882 (96%)$8,77266 (78%)$8,227
2018-1968 (99%)$8,73046 (67%)$6,458
2019-2035 (100%)$8,21925 (71%)$5,055
2020-2141 (100%)$12,36631 (76%)$5,290
2021-2235 (100%)$9,62227 (77%)$4,203
Average60 (99.44%)$10,87949 (79.22%)$5,070
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 24 (38.89 % of students) received Pell (federal) grants and its average amount is $4,096.
In addition, 25 students received State/local government grants/scholarships (42.67 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1427 (37%)$3,8058 (11%)$1,26233 (45%)$2,50273 (100%)$10,884
2014-1527 (39%)$4,0518 (11%)$1,31332 (46%)$2,99070 (100%)$11,348
2015-1627 (34%)$4,0945 (6%)$1,30937 (47%)$3,50079 (100%)$11,297
2016-1718 (32%)$4,5882 (4%)$1,00018 (32%)$3,27056 (98%)$5,371
2017-1847 (55%)$4,29411 (13%)$1,00029 (34%)$1,96680 (94%)$5,618
2018-1925 (36%)$4,2707 (10%)$78628 (41%)$1,58466 (96%)$6,622
2019-2013 (37%)$3,56220 (57%)$89019 (54%)$2,38832 (91%)$5,568
2020-2119 (46%)$5,00338 (93%)$89914 (34%)$3,63641 (100%)$7,973
2021-2212 (34%)$3,2006 (17%)$31718 (51%)$2,95835 (100%)$6,949
Average24 (38.89%)$4,09612 (24.67%)$97525 (42.67%)$2,75559 (97.67%)$7,959
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 49 (79.22 % of students) get any students loan help and its average loan amount is $49.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1466 (90%)$3,48763 (86%)$3,5143 (4%)$2,905
2014-1566 (94%)$3,46364 (91%)$3,4662 (3%)$3,362
2015-1673 (92%)$3,19073 (92%)$3,190--
2016-1739 (68%)$6,25839 (68%)$5,3854 (7%)$8,512
2017-1866 (78%)$8,22761 (72%)$8,0965 (6%)$9,823
2018-1946 (67%)$6,45846 (67%)$5,9183 (4%)$8,272
2019-2025 (71%)$5,05523 (66%)$4,4864 (11%)$5,800
2020-2131 (76%)$5,29031 (76%)$5,290--
2021-2227 (77%)$4,20326 (74%)$4,1341 (3%)$6,000
Average49 (79.22%)$5,07047 (76.89%)$4,8313 (5.43%)$6,382
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