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Wednesday, November 6, 2024

Cost of college went up for all students at Mineral Area College

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In-state tuition and fees rose 3.2 percent for 2018-19 at Mineral Area College, according to recent data from the U.S. Department of Education.

Missouri residents paid $4,870 to attend the two-year public institution this year – $150 more than the $4,720 charged for 2017-18.

Non-residents paid 32 percent more than residents this year, or $6,430. Their price tag grew 2.4 percent from $6,280 in 2017-18.

About 97 percent of the school's undergraduate population are Missouri residents. And about 2 percent are residents of other states.

Data shows 95 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 545 students received grants or scholarships totaling $3 million and 124 students took out student loans totaling more than $554,799.

Including all undergraduates (2,885), 2,169 students used grants or scholarships totaling $8.5 million, and 558 students took out $2.9 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~2,798$4,240$4,300$4,720$4,87014.9%
Out-of-state~58$5,620$5,770$6,280$6,43014.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Mineral Area College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants33757%$1,653,236$4,906
State / local grant or scholarship36862%$778,157$2,115
Institutional grants or scholarships10718%$529,783$4,951
Grant or scholarship aid total54592%$2,961,176$5,433
Federal student loans12421%$554,799$4,474
Other student loans00%$0-
Student loan aid12421%$554,799$4,474
Total student aid56495%--

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