How MSOE'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 Milwaukee School of Engineering since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,403, which is 93.11 % of all undergraduate students. 1,733 students which is 67.22% of undergraduate students received federal student loans and the average loan amount is $6,830.

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	2,220 (90%)	$20,463	667 (27%)	$3,941	1,712 (70%)	$7,197
2014-15	2,305 (89%)	$21,363	688 (27%)	$3,944	1,709 (66%)	$7,256
2015-16	2,397 (89%)	$22,878	706 (26%)	$3,885	1,734 (65%)	$7,008
2016-17	2,461 (93%)	$22,930	720 (27%)	$4,003	1,799 (68%)	$6,969
2017-18	2,422 (93%)	$24,301	756 (29%)	$4,044	1,797 (69%)	$6,789
2018-19	2,432 (94%)	$25,315	708 (27%)	$4,245	1,789 (69%)	$6,537
2019-20	2,462 (96%)	$26,176	625 (24%)	$4,156	1,771 (69%)	$6,591
2020-21	2,438 (97%)	$27,268	594 (24%)	$4,311	1,661 (66%)	$6,602
2021-22	2,494 (97%)	$28,782	589 (23%)	$4,357	1,622 (63%)	$6,518
Average	2,403 (93.11%)	$24,386	673 (26.00%)	$4,098	1,733 (67.22%)	$6,830

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

Overview

For the last 10 years, on average, 555 (98.78 % of students) received grants or scholarships and its average amount is $26,570. It can cover 54.87% of tuition & fees ($48,421).

In addition, 392 (70.22 % of students) students get helped from the students loans (average amount : $8,076).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	506 (94%)	$23,382	365 (68%)	$8,034
2014-15	548 (98%)	$23,383	406 (73%)	$8,748
2015-16	494 (100%)	$23,650	361 (73%)	$7,749
2016-17	545 (99%)	$25,716	403 (73%)	$7,932
2017-18	511 (99%)	$26,740	400 (78%)	$7,279
2018-19	594 (99%)	$26,750	441 (74%)	$8,788
2019-20	579 (100%)	$27,857	423 (73%)	$8,746
2020-21	573 (100%)	$29,800	347 (61%)	$7,947
2021-22	647 (100%)	$31,850	382 (59%)	$7,464
Average	555 (98.78%)	$26,570	392 (70.22%)	$8,076

^*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, 144 (25.67 % of students) received Pell (federal) grants and its average amount is $4,064.

In addition, 185 students received State/local government grants/scholarships (33.11 % 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	126 (23%)	$3,796	52 (10%)	$970	199 (37%)	$2,710	506 (94%)	$21,271
2014-15	148 (27%)	$3,851	70 (13%)	$917	187 (34%)	$3,001	548 (98%)	$21,202
2015-16	128 (26%)	$4,054	73 (15%)	$740	197 (40%)	$2,836	493 (100%)	$21,403
2016-17	167 (30%)	$3,979	69 (13%)	$742	194 (35%)	$2,903	545 (99%)	$23,369
2017-18	150 (29%)	$4,014	53 (10%)	$609	177 (34%)	$2,996	511 (99%)	$24,461
2018-19	154 (26%)	$4,452	97 (16%)	$531	181 (30%)	$3,052	594 (99%)	$24,579
2019-20	141 (24%)	$3,921	478 (82%)	$589	187 (32%)	$3,020	579 (100%)	$25,440
2020-21	125 (22%)	$4,047	507 (88%)	$825	159 (28%)	$3,296	573 (100%)	$27,273
2021-22	154 (24%)	$4,462	101 (16%)	$703	184 (28%)	$3,384	647 (100%)	$29,716
Average	144 (25.67%)	$4,064	167 (29.22%)	$736	185 (33.11%)	$3,022	555 (98.78%)	$24,302

^*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, 392 (70.22 % of students) get any students loan help and its average loan amount is $392.

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	365 (68%)	$8,034	363 (67%)	$5,586	76 (14%)	$11,903
2014-15	406 (73%)	$8,748	402 (72%)	$5,810	83 (15%)	$14,649
2015-16	361 (73%)	$7,749	358 (72%)	$5,225	71 (14%)	$13,053
2016-17	403 (73%)	$7,932	400 (73%)	$5,348	79 (14%)	$13,385
2017-18	400 (78%)	$7,279	398 (77%)	$5,048	72 (14%)	$12,531
2018-19	441 (74%)	$8,788	439 (74%)	$5,293	112 (19%)	$13,858
2019-20	423 (73%)	$8,746	417 (72%)	$5,146	102 (18%)	$15,234
2020-21	347 (61%)	$7,947	340 (59%)	$5,017	67 (12%)	$15,702
2021-22	382 (59%)	$7,464	382 (59%)	$4,922	64 (10%)	$15,169
Average	392 (70.22%)	$8,076	389 (69.44%)	$5,266	81 (14.44%)	$13,943

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Scholarships, Grants, and Loan Trends at MSOE

All Undergraduate Students Financial Aid Over Time

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