How McMurry's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at McMurry University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,015, which is 91.44 % of all undergraduate students. 816 students which is 73.56% of undergraduate students received federal student loans and the average loan amount is $7,406.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,163 (96%)	$13,788	573 (47%)	$4,037	800 (66%)	$7,450
2014-15	905 (90%)	$14,810	480 (48%)	$4,181	694 (69%)	$7,552
2015-16	1,012 (95%)	$14,243	552 (52%)	$3,948	890 (83%)	$7,990
2016-17	957 (89%)	$14,938	501 (47%)	$4,195	763 (71%)	$7,077
2017-18	998 (90%)	$15,933	553 (50%)	$4,608	798 (72%)	$7,021
2018-19	959 (85%)	$15,952	546 (48%)	$4,902	776 (69%)	$7,408
2019-20	1,048 (90%)	$19,793	586 (50%)	$4,905	935 (80%)	$8,161
2020-21	976 (90%)	$17,950	547 (50%)	$4,891	890 (82%)	$7,349
2021-22	1,119 (98%)	$19,222	604 (53%)	$5,094	801 (70%)	$6,647
Average	1,015 (91.44%)	$16,292	549 (49.44%)	$4,529	816 (73.56%)	$7,406

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

Overview

For the last 10 years, on average, 251 (98.78 % of students) received grants or scholarships and its average amount is $18,464. It can cover 59.25% of tuition & fees ($31,162).

In addition, 208 (82.33 % of students) students get helped from the students loans (average amount : $7,254).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	245 (98%)	$16,459	171 (69%)	$7,220
2014-15	207 (100%)	$15,272	179 (86%)	$7,474
2015-16	293 (99%)	$16,027	237 (80%)	$9,371
2016-17	279 (98%)	$16,151	240 (85%)	$7,889
2017-18	242 (98%)	$17,612	193 (78%)	$7,502
2018-19	214 (98%)	$19,083	176 (80%)	$6,560
2019-20	253 (99%)	$20,760	237 (93%)	$6,268
2020-21	224 (99%)	$21,278	217 (96%)	$6,674
2021-22	299 (100%)	$23,537	222 (74%)	$6,326
Average	251 (98.78%)	$18,464	208 (82.33%)	$7,254

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 137 (54.11 % of students) received Pell (federal) grants and its average amount is $4,652.

In addition, 153 students received State/local government grants/scholarships (60.44 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	120 (48%)	$4,310	49 (20%)	$934	143 (57%)	$3,282	245 (98%)	$12,245
2014-15	110 (53%)	$4,331	57 (28%)	$1,185	146 (71%)	$3,307	207 (100%)	$10,311
2015-16	176 (59%)	$4,009	89 (30%)	$982	179 (60%)	$3,670	293 (99%)	$11,078
2016-17	144 (51%)	$4,348	64 (23%)	$918	151 (53%)	$3,524	277 (98%)	$11,874
2017-18	130 (53%)	$4,723	52 (21%)	$1,080	138 (56%)	$3,199	241 (98%)	$13,072
2018-19	113 (52%)	$4,819	41 (19%)	$993	134 (61%)	$3,136	211 (96%)	$14,588
2019-20	152 (60%)	$5,009	177 (69%)	$1,048	127 (50%)	$3,775	249 (98%)	$15,366
2020-21	122 (54%)	$5,179	150 (66%)	$1,123	140 (62%)	$3,351	221 (98%)	$15,823
2021-22	170 (57%)	$5,144	299 (100%)	$1,780	221 (74%)	$3,329	297 (99%)	$16,482
Average	137 (54.11%)	$4,652	109 (41.78%)	$1,116	153 (60.44%)	$3,397	249 (98.22%)	$13,427

^*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..

Student Loans

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, 208 (82.33 % of students) get any students loan help and its average loan amount is $208.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	171 (69%)	$7,220	171 (69%)	$6,278	19 (8%)	$8,484
2014-15	179 (86%)	$7,474	177 (86%)	$6,703	52 (25%)	$2,911
2015-16	237 (80%)	$9,371	236 (79%)	$8,314	26 (9%)	$9,957
2016-17	240 (85%)	$7,889	239 (84%)	$5,921	42 (15%)	$11,383
2017-18	193 (78%)	$7,502	191 (78%)	$6,011	28 (11%)	$10,707
2018-19	176 (80%)	$6,560	175 (80%)	$5,544	18 (8%)	$10,249
2019-20	237 (93%)	$6,268	236 (93%)	$5,790	11 (4%)	$10,824
2020-21	217 (96%)	$6,674	217 (96%)	$5,615	18 (8%)	$12,771
2021-22	222 (74%)	$6,326	216 (72%)	$5,203	20 (7%)	$14,028
Average	208 (82.33%)	$7,254	206 (81.89%)	$6,153	26 (10.56%)	$10,146

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Scholarships, Grants, and Loan Trends at McMurry

All Undergraduate Students Financial Aid Over Time

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