How MCPHS'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 MCPHS University since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,396, which is 86.67 % of all undergraduate students. 2,666 students which is 67.89% of undergraduate students received federal student loans and the average loan amount is $9,079.

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	2,825 (72%)	$9,895	1,090 (28%)	$4,532	2,757 (71%)	$8,728
2014-15	3,489 (87%)	$27,662	1,194 (30%)	$4,506	2,997 (74%)	$7,986
2015-16	3,127 (79%)	$9,477	1,138 (29%)	$4,469	2,688 (68%)	$7,957
2016-17	3,232 (84%)	$9,513	1,102 (29%)	$4,458	2,644 (69%)	$8,119
2017-18	3,329 (86%)	$9,896	1,105 (28%)	$4,954	2,580 (66%)	$8,154
2018-19	3,585 (90%)	$10,279	1,038 (26%)	$5,161	2,630 (66%)	$9,630
2019-20	3,735 (93%)	$11,248	1,027 (25%)	$5,315	2,672 (66%)	$11,475
2020-21	3,751 (94%)	$11,394	1,007 (25%)	$5,294	2,597 (65%)	$10,722
2021-22	3,493 (95%)	$13,234	1,016 (28%)	$5,239	2,429 (66%)	$8,939
Average	3,396 (86.67%)	$12,511	1,080 (27.56%)	$4,881	2,666 (67.89%)	$9,079

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

Overview

For the last 10 years, on average, 749 (97.11 % of students) received grants or scholarships and its average amount is $13,646. It can cover 35.13% of tuition & fees ($38,850).

In addition, 563 (72.67 % of students) students get helped from the students loans (average amount : $14,984).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	786 (86%)	$12,398	669 (73%)	$13,994
2014-15	859 (98%)	$11,403	758 (87%)	$13,771
2015-16	759 (97%)	$10,847	552 (71%)	$15,067
2016-17	788 (99%)	$11,210	581 (73%)	$15,562
2017-18	753 (98%)	$12,308	515 (67%)	$13,918
2018-19	678 (99%)	$14,627	474 (70%)	$16,729
2019-20	688 (99%)	$16,024	493 (71%)	$17,169
2020-21	698 (99%)	$15,907	479 (68%)	$14,284
2021-22	728 (99%)	$18,093	545 (74%)	$14,362
Average	749 (97.11%)	$13,646	563 (72.67%)	$14,984

^*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, 268 (34.78 % of students) received Pell (federal) grants and its average amount is $5,012.

In addition, 179 students received State/local government grants/scholarships (23.33 % 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	274 (30%)	$4,521	62 (7%)	$1,984	191 (21%)	$1,463	771 (85%)	$10,511
2014-15	338 (39%)	$4,411	91 (10%)	$2,139	219 (25%)	$1,307	859 (98%)	$9,107
2015-16	260 (33%)	$4,615	145 (19%)	$948	163 (21%)	$1,388	759 (97%)	$8,786
2016-17	262 (33%)	$4,574	154 (19%)	$929	154 (19%)	$1,558	784 (99%)	$9,250
2017-18	246 (32%)	$4,908	130 (17%)	$932	147 (19%)	$1,327	752 (98%)	$10,298
2018-19	219 (32%)	$5,695	157 (23%)	$949	145 (21%)	$1,522	677 (99%)	$12,261
2019-20	262 (38%)	$5,366	161 (23%)	$950	191 (28%)	$1,481	688 (99%)	$13,347
2020-21	253 (36%)	$5,526	168 (24%)	$893	176 (25%)	$1,776	698 (99%)	$13,241
2021-22	294 (40%)	$5,490	206 (28%)	$892	226 (31%)	$2,111	728 (99%)	$14,968
Average	268 (34.78%)	$5,012	142 (18.89%)	$1,180	179 (23.33%)	$1,548	746 (97.00%)	$11,308

^*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, 563 (72.67 % of students) get any students loan help and its average loan amount is $563.

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	669 (73%)	$13,994	664 (73%)	$7,840	184 (20%)	$22,588
2014-15	758 (87%)	$13,771	753 (86%)	$6,769	270 (31%)	$19,784
2015-16	552 (71%)	$15,067	545 (70%)	$6,326	247 (32%)	$19,715
2016-17	581 (73%)	$15,562	570 (72%)	$6,403	208 (26%)	$25,920
2017-18	515 (67%)	$13,918	512 (67%)	$5,927	216 (28%)	$19,134
2018-19	474 (70%)	$16,729	459 (67%)	$6,171	250 (37%)	$20,389
2019-20	493 (71%)	$17,169	478 (69%)	$6,078	297 (43%)	$18,718
2020-21	479 (68%)	$14,284	453 (64%)	$6,177	242 (34%)	$16,710
2021-22	545 (74%)	$14,362	533 (73%)	$5,731	268 (37%)	$17,810
Average	563 (72.67%)	$14,984	552 (71.22%)	$6,380	242 (32.00%)	$20,085

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Scholarships, Grants, and Loan Trends at MCPHS

All Undergraduate Students Financial Aid Over Time

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