Scholarships, Grants, and Loan Trends at Marion Military Institute

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 386, which is 93.67 % of all undergraduate students. 199 students which is 47.56% of undergraduate students received federal student loans and the average loan amount is $5,295.
For full-time, first-time beginning students (freshmen), 95.89% of students received grants or scholarships and 44% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Marion Military Institute since 2013.
For that period, the average number of students who received grants aid/scholarships is 386, which is 93.67 % of all undergraduate students. 199 students which is 47.56% of undergraduate students received federal student loans and the average loan amount is $5,295.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14386 (92%)$9,351158 (38%)$4,297261 (62%)$5,219
2014-15409 (93%)$9,349187 (43%)$4,370265 (60%)$5,289
2015-16416 (91%)$9,325162 (35%)$4,369227 (50%)$5,221
2016-17400 (94%)$10,325175 (41%)$4,395200 (47%)$5,449
2017-18435 (98%)$9,993187 (42%)$4,659216 (48%)$5,495
2018-19382 (97%)$10,306156 (40%)$4,714172 (44%)$5,628
2019-20380 (93%)$10,122170 (42%)$4,622186 (45%)$4,977
2020-21379 (95%)$7,284143 (36%)$5,059146 (36%)$5,136
2021-22284 (90%)$9,989128 (41%)$5,354114 (36%)$5,244
Average386 (93.67%)$9,560163 (39.78%)$4,649199 (47.56%)$5,295

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 244 (95.89 % of students) received grants or scholarships and its average amount is $8,582. It can cover 55.23% of tuition & fees ($15,538) based on out-of-state rate.
In addition, 114 (44.11 % of students) students get helped from the students loans (average amount : $5,405).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14245 (98%)$8,458142 (57%)$5,255
2014-15273 (98%)$8,102162 (58%)$5,341
2015-16256 (93%)$8,076124 (45%)$5,478
2016-17258 (94%)$8,662118 (43%)$5,418
2017-18276 (98%)$9,033124 (44%)$5,308
2018-19223 (97%)$8,90691 (40%)$5,516
2019-20257 (96%)$8,586116 (43%)$4,755
2020-21248 (97%)$7,86088 (35%)$5,405
2021-22164 (92%)$9,55358 (32%)$6,167
Average244 (95.89%)$8,582114 (44.11%)$5,405
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 94 (36.67 % of students) received Pell (federal) grants and its average amount is $4,761.
In addition, 15 students received State/local government grants/scholarships (6.00 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1483 (33%)$4,54018 (7%)$4288 (3%)$4,413244 (98%)$6,772
2014-15106 (38%)$4,37523 (8%)$38313 (5%)$3,811269 (97%)$6,282
2015-1688 (32%)$4,61231 (11%)$36814 (5%)$5,238239 (87%)$6,597
2016-17106 (39%)$4,62029 (11%)$3837 (3%)$4,077246 (89%)$6,933
2017-18120 (43%)$4,75521 (7%)$40527 (10%)$3,367261 (93%)$6,985
2018-1981 (35%)$4,78124 (10%)$39227 (12%)$3,142212 (92%)$7,097
2019-20104 (39%)$4,46725 (9%)$33522 (8%)$4,828223 (83%)$7,298
2020-2187 (34%)$5,19920 (8%)$8154 (2%)$6,642203 (80%)$7,163
2021-2267 (37%)$5,50117 (9%)$1,66411 (6%)$4,779141 (79%)$7,924
Average94 (36.67%)$4,76123 (8.89%)$57515 (6.00%)$4,477226 (88.67%)$7,006
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 114 (44.11 % of students) get any students loan help and its average loan amount is $114.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14142 (57%)$5,255142 (57%)$5,0843 (1%)$8,095
2014-15162 (58%)$5,341162 (58%)$5,1145 (2%)$7,367
2015-16124 (45%)$5,478122 (44%)$5,0598 (3%)$7,757
2016-17118 (43%)$5,418118 (43%)$5,418--
2017-18124 (44%)$5,308124 (44%)$5,308--
2018-1991 (40%)$5,51691 (40%)$5,516--
2019-20116 (43%)$4,755116 (43%)$4,755--
2020-2188 (35%)$5,40586 (34%)$5,0435 (2%)$8,391
2021-2258 (32%)$6,16756 (31%)$5,3147 (4%)$8,582
Average114 (44.11%)$5,405113 (43.78%)$5,1796 (2.40%)$8,038
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