Financial Aid at MSU

Average Amount Received% Received Financial Aid
$10,980 69%
26,440 students (69% of total 38,523 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Michigan State University.
The average amount of the aid awarded is $10,980. For the first-time, full-time beginning students (freshmen), 94% of total 8,835 enrolled students have received any kind of financial aid and its average amount of aid received is $8,684.
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All Undergraduate Financial Aid

At Michigan State University, 26,440 undergraduate students (69% of total 38,523 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $10,980.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship26,44069% $290,318,830$10,980
Pell Grants8,33822% $43,795,829$5,253
Federal Student Loan13,13434% $80,067,642$6,096

Beginning Undergraduate Students (Freshmen) Financial Aid

8,341 beginning undergraduate students (94% of total 8,835 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Michigan State University. The average amount of aid received is $8,684.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid8,34194% --
Grants or Scholarships8,14492%$70,721,357$8,684
Federal Grants3,36538%$15,962,180$4,744
Pell Grants1,84721%$9,905,327$5,363
Other Federal Grants3,35738%$6,056,853$1,804
State/Local Grants4275%$552,733$1,294
Institutional Grants8,05391%$54,206,444$6,731
Student Loan Aid3,25037%$26,448,888$8,138
Federal Student Loans3,09535%$15,828,174$5,114
Other Student Loans5396%$10,620,714$19,704

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Michigan State University.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level3,4443,273$33,594,782$9,755
0-30,000796796$17,604,869$22,117
30,001-48,000447447$6,935,987$15,517
48,001-75,000508504$4,837,260$9,522
75,001-110,000482460$1,907,258$3,957
110,001 or more1,2111,066$2,309,408$1,907
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