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Financial Aid for 2013-2014 Fund Amount # Receiving PELL Grant $4,330,488.00 1281 Subsidized Direct Stafford Loans $3,355,523.00 1201 Unsubsidized Direct Stafford Loans 69 $81,774.00 95 Montana Higher Education grants 1062 $63,459.00 Montana Baker Grants $3,830,644.00 Supplemental Educational Opportunity Grant $34,640.00 39 State Aid Supplemental Grant $25,435.00 26 Federal College Workstudy $38,443.00 24 State College Workstudy $41,760.00 16 Access Grants $48,650.00 52 Gear Up Grants $7,500.00 5 $21,000.00 21 College Access Challenge Grants Total Number of Individuals receiving aid 1699 Percent of students on financial aid averages 66.00% Average annual household income for dependent aid applicants $58,746.00 Average annual income of independent aid applicants $23,164.00 Montana High School Honor Scholarship recipients Average annual Stafford Loan Indebtedness 2496 1 $3,246.00 Veteran Information Students using Chapter 1606 & 1607 Guard Benefit Students using Chapter 30 Montgomery GI Bill 20 Students using Chapter 35 Dependent Educational Benefit 26 Students using Veterans Retraining Assistance Benefit 17 13 (for spouses and dependent children of veterans 100% disabled or deceased as a result of a service injury) Total financial assistance received under the above: (benefit paid directly to the students) Students using Chapter 31 Vocational Rehab Benefit $455,984.66 (GFC MSU receives full payment of tuition and fees, books, student receives housing allowance) 33 Students using Chapter 33 Post 9/11 GI Bill (GFC MSU receives full payment 117 Total number of veterans receiving benefits 226 of tuition and fees, student receives housing and book allowance)
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