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Financial Aid at MAC

The average amount of financial aid is $3,877 where 75% of enrolled students have received grants or scholarship aid at Mineral Area College. The average amount of tuition & fees is $6,530 for Missouri residents and $8,090 for out-of-state students at Mineral Area College.
  • Average Financial Aid: $3,877
  • Undergraduate Tuition: $8,090 ($6,530 Missouri residents)
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All Undergraduate Student Financial Aid

For academic year 2022-2023, total 1,722 students (75% of all undergraduate students) have received grants or scholarships and the average received amount is $3,877. Grant/scholarship aid includes federal, state, local, institutional or other sources of grant aid. Next table shows the financial aid statistics for all undergraduate students by aid types at Mineral Area College.
Financial Aid Statistics at Mineral Area College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,72275%$3,877
Pell Grants80035%$4,360
Federal Student Loans24611%$5,475

Beginning Student Financial Aid

For first time, full time beginning students (freshmen), total 472 students (95% of all freshmen) have received any type of financial aid and 469 students (95% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. The average amount of grant/scholarship aid is $5,553 and the average amount of student loan aid is $4,900. Next table shows the headcount and average received amount of financial aid by source of the aid at Mineral Area College.
Beginning Students Financial Aid Statistics at Mineral Area College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid47295%-
Grants or Scholarship from All Sources46494%$5,553
Federal Grants24149%$5,099
Pell Grants24149%$5,038
Other Federal Grants5511%$266
State/Local Grants32666%$2,815
Institutional Grants10722%$4,019
Student Loans479%$4,900
Federal Student Loans479%$4,900
Other Student Loans00%$0

Grants and Scholarship Aid By Income Level

Next table shows the number of students awarded and average grants/scholarship aid amount by income level for whom paying in-state tuition rate at Mineral Area College. The sources of grants and scholarship aid are the federal government, state/local government, or the institution (Mineral Area College.
Financial Aid Statistics By Income Level at Mineral Area College
Income LevelNumber of StudentsNumber of Students AwardedAverage Amount Aid Awarded
All level256250$5,792
$0-$30,000124124$6,634
$30,001-$48,0005959$5,895
$48,001-$75,0005150$4,687
$75,001-$110,0001513$3,715
$110,001 or more74$2,510

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All data used in our site is from IPEDS (The Integrated Postsecondary Education Data System), U.S. Department of Education, academic year 2022-2023
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