Financial Aid at Alcorn State

Average Amount Received	% Received Financial Aid
$10,198	83%

2,012 students (83% of total 2,431 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Alcorn State University.

The average amount of the aid awarded is $10,198. For the first-time, full-time beginning students (freshmen), 100% of total 459 enrolled students have received any kind of financial aid and its average amount of aid received is $10,763.

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All Undergraduate Financial Aid

At Alcorn State University, 2,012 undergraduate students (83% of total 2,431 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $10,198.

Financial Aid Statistics (All Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	2,012	83%	$20,517,695	$10,198
Pell Grants	1,882	77%	$10,293,533	$5,469
Federal Student Loan	1,715	71%	$12,816,241	$7,473

Beginning Undergraduate Students (Freshmen) Financial Aid

459 beginning undergraduate students (100% of total 459 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Alcorn State University. The average amount of aid received is $10,763.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	459	100%	-	-
Grants or Scholarships	457	100%	$4,918,577	$10,763
Federal Grants	390	85%	$2,854,934	$7,320
Pell Grants	390	85%	$2,542,334	$6,519
Other Federal Grants	228	50%	$312,600	$1,371
State/Local Grants	103	22%	$171,176	$1,662
Institutional Grants	291	63%	$1,892,467	$6,503
Student Loan Aid	389	85%	$2,520,069	$6,478
Federal Student Loans	389	85%	$2,520,069	$6,478
Other Student Loans	-	-	-	-

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 2022-2023 at Alcorn 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 Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	453	453	$4,483,145	$9,897
0-30,000	231	231	$2,524,075	$10,927
30,001-48,000	115	115	$1,069,208	$9,297
48,001-75,000	56	56	$419,269	$7,487
75,001-110,000	24	24	$150,698	$6,279
110,001 or more	27	27	$319,895	$11,848

Financial Aid at Alcorn State

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

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

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