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McDaniel College

Average Grant & Scholarships

In 2022, 100 of freshman students at McDaniel College received on average $39,386 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$39,386
Students Receiving Aid Average Amount Total Amount
Pell Grant 249 43% $5,370 $1,337,010
Other Federal Grant 250 43% $6,060 $1,515,103
State Grant/Scholarships 186 32% $8,151 $1,516,082
Institutional Grant/Scholarships 578 99% $34,346 $19,851,839
Total Grant & Scholarships 581 100% $39,386 $22,883,024

Average Student Loans

In 2022, 67% of freshman students at McDaniel College received $5,223 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$5,223
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 390 67% $5,223 $2,037,131
Private Loans 54 9% $15,283 $825,296
Total Loans 444 76% $6,447 $2,862,427

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$17,270
Average aid amount
2022

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