How Mid Michigan's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Mid Michigan College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,097, which is 53.11 % of all undergraduate students. 1,196 students which is 29.67% of undergraduate students received federal student loans and the average loan amount is $6,014.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,957 (65%)	$6,813	2,219 (49%)	$3,306	1,843 (40%)	$5,760
2014-15	2,669 (60%)	$6,593	1,948 (44%)	$3,245	1,619 (37%)	$5,735
2015-16	1,971 (46%)	$4,363	1,757 (41%)	$3,855	1,364 (32%)	$6,273
2016-17	1,984 (48%)	$4,414	1,679 (41%)	$3,869	1,312 (32%)	$6,179
2017-18	1,869 (46%)	$4,905	1,599 (40%)	$4,136	1,285 (32%)	$5,989
2018-19	1,728 (46%)	$4,521	1,465 (39%)	$3,648	1,069 (28%)	$5,867
2019-20	1,641 (44%)	$4,926	1,386 (37%)	$3,636	995 (27%)	$6,258
2020-21	1,907 (58%)	$3,903	1,049 (32%)	$3,657	697 (21%)	$5,696
2021-22	2,145 (65%)	$5,760	1,106 (34%)	$3,697	582 (18%)	$6,366
Average	2,097 (53.11%)	$5,133	1,579 (39.67%)	$3,672	1,196 (29.67%)	$6,014

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

Overview

For the last 10 years, on average, 319 (75.11 % of students) received grants or scholarships and its average amount is $5,700. It can cover 67.49% of tuition & fees ($8,446) based on out-of-state rate.

In addition, 152 (33.56 % of students) students get helped from the students loans (average amount : $5,610).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	320 (74%)	$4,963	170 (39%)	$5,952
2014-15	279 (70%)	$5,081	138 (34%)	$5,326
2015-16	386 (62%)	$5,423	207 (33%)	$5,549
2016-17	426 (64%)	$5,405	243 (37%)	$5,646
2017-18	259 (67%)	$6,135	141 (36%)	$5,471
2018-19	276 (69%)	$5,983	145 (36%)	$5,669
2019-20	357 (76%)	$6,169	178 (38%)	$5,746
2020-21	308 (94%)	$4,748	79 (24%)	$5,421
2021-22	263 (100%)	$7,392	67 (25%)	$5,713
Average	319 (75.11%)	$5,700	152 (33.56%)	$5,610

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 249 (56.78 % of students) received Pell (federal) grants and its average amount is $4,663.

In addition, 106 students received State/local government grants/scholarships (25.33 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	274 (63%)	$4,609	17 (4%)	$682	75 (17%)	$3,294	70 (16%)	$950
2014-15	225 (56%)	$4,608	12 (3%)	$2,328	80 (20%)	$3,061	99 (25%)	$1,092
2015-16	330 (53%)	$4,612	32 (5%)	$907	108 (17%)	$3,737	100 (16%)	$1,389
2016-17	340 (51%)	$4,711	24 (4%)	$1,036	138 (21%)	$3,863	107 (16%)	$1,333
2017-18	222 (57%)	$4,887	24 (6%)	$1,076	93 (24%)	$4,398	42 (11%)	$1,649
2018-19	236 (59%)	$4,502	20 (5%)	$1,120	118 (30%)	$4,044	54 (14%)	$1,650
2019-20	296 (63%)	$4,530	357 (76%)	$296	140 (30%)	$4,729	68 (15%)	$1,378
2020-21	170 (52%)	$4,439	298 (91%)	$509	120 (37%)	$3,629	84 (26%)	$1,437
2021-22	150 (57%)	$5,067	263 (100%)	$2,982	84 (32%)	$3,966	51 (19%)	$1,311
Average	249 (56.78%)	$4,663	116 (32.67%)	$1,215	106 (25.33%)	$3,858	75 (17.56%)	$1,354

^*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..

Student Loans

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, 152 (33.56 % of students) get any students loan help and its average loan amount is $152.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	170 (39%)	$5,952	169 (39%)	$5,812	3 (1%)	$9,856
2014-15	138 (34%)	$5,326	137 (34%)	$5,219	3 (1%)	$6,692
2015-16	207 (33%)	$5,549	206 (33%)	$5,413	5 (1%)	$6,747
2016-17	243 (37%)	$5,646	239 (36%)	$5,538	5 (1%)	$9,660
2017-18	141 (36%)	$5,471	140 (36%)	$5,298	3 (1%)	$9,933
2018-19	145 (36%)	$5,669	140 (35%)	$5,324	8 (2%)	$9,581
2019-20	178 (38%)	$5,746	172 (37%)	$5,454	14 (3%)	$6,052
2020-21	79 (24%)	$5,421	78 (24%)	$4,963	4 (1%)	$10,298
2021-22	67 (25%)	$5,713	63 (24%)	$5,526	5 (2%)	$6,920
Average	152 (33.56%)	$5,610	149 (33.11%)	$5,394	6 (1.44%)	$8,415

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Scholarships, Grants, and Loan Trends at Mid Michigan

All Undergraduate Students Financial Aid Over Time

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