Scholarships, Grants, and Loan Trends at Morgan State

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,089, which is 79.11 % of all undergraduate students. 4,417 students which is 68.78% of undergraduate students received federal student loans and the average loan amount is $7,187.
For full-time, first-time beginning students (freshmen), 81.89% of students received grants or scholarships and 73% 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 Morgan State University since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,089, which is 79.11 % of all undergraduate students. 4,417 students which is 68.78% of undergraduate students received federal student loans and the average loan amount is $7,187.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,797 (77%)$7,5753,575 (57%)$4,3584,766 (76%)$7,812
2014-155,366 (85%)$7,2513,907 (62%)$4,2515,057 (80%)$7,603
2015-164,962 (79%)$7,6753,525 (56%)$4,5254,571 (72%)$7,326
2016-174,598 (72%)$8,2763,279 (52%)$4,4924,319 (68%)$7,222
2017-184,733 (73%)$8,8953,375 (52%)$4,7544,231 (66%)$7,193
2018-194,800 (75%)$8,8253,427 (53%)$4,8244,351 (68%)$7,688
2019-204,814 (75%)$7,4883,403 (53%)$4,8044,377 (68%)$7,011
2020-215,176 (83%)$8,4233,201 (51%)$5,0143,661 (58%)$6,503
2021-226,556 (93%)$11,3743,823 (54%)$4,8754,422 (63%)$6,327
Average5,089 (79.11%)$8,4203,502 (54.44%)$4,6554,417 (68.78%)$7,187

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

For the last 10 years, on average, 1,077 (81.89 % of students) received grants or scholarships and its average amount is $8,911. It can cover 41.77% of tuition & fees ($21,331) based on out-of-state rate.
In addition, 937 (73.00 % of students) students get helped from the students loans (average amount : $7,033).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14719 (81%)$8,680708 (80%)$7,286
2014-15868 (82%)$8,111802 (76%)$7,373
2015-16904 (78%)$8,232871 (75%)$6,790
2016-17812 (72%)$8,178747 (67%)$6,799
2017-18992 (83%)$9,231902 (76%)$7,089
2018-191,008 (76%)$8,7601,038 (78%)$7,030
2019-201,147 (84%)$7,8901,082 (79%)$7,237
2020-21988 (82%)$8,376674 (56%)$5,764
2021-222,254 (99%)$12,7381,607 (70%)$7,925
Average1,077 (81.89%)$8,911937 (73.00%)$7,033
*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, 745 (57.33 % of students) received Pell (federal) grants and its average amount is $4,822.
In addition, 297 students received State/local government grants/scholarships (24.33 % 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
2013-14518 (58%)$4,557173 (20%)$2,755283 (32%)$3,270337 (38%)$7,354
2014-15628 (59%)$4,641187 (18%)$2,853313 (30%)$3,348529 (50%)$4,811
2015-16655 (57%)$4,669185 (16%)$3,274315 (27%)$3,188551 (48%)$5,034
2016-17556 (50%)$4,663180 (16%)$2,104259 (23%)$3,206528 (47%)$5,377
2017-18740 (62%)$4,842159 (13%)$3,381321 (27%)$3,649560 (47%)$6,902
2018-19774 (58%)$5,048218 (16%)$3,188328 (25%)$3,468559 (42%)$5,528
2019-20762 (56%)$4,839210 (15%)$3,352329 (24%)$3,708773 (57%)$4,449
2020-21663 (55%)$5,085185 (15%)$2,305188 (16%)$3,221839 (70%)$4,615
2021-221,405 (61%)$5,0502,100 (92%)$3,286341 (15%)$4,3252,130 (93%)$6,216
Average745 (57.33%)$4,822400 (24.56%)$2,944297 (24.33%)$3,487756 (54.67%)$5,587
*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, 937 (73.00 % of students) get any students loan help and its average loan amount is $937.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14708 (80%)$7,286705 (80%)$6,75135 (4%)$11,401
2014-15802 (76%)$7,373797 (75%)$6,72642 (4%)$13,155
2015-16871 (75%)$6,790866 (75%)$6,10549 (4%)$12,803
2016-17747 (67%)$6,799738 (66%)$5,93154 (5%)$12,998
2017-18902 (76%)$7,089894 (75%)$6,19663 (5%)$13,567
2018-191,038 (78%)$7,0301,028 (78%)$6,03683 (6%)$13,157
2019-201,082 (79%)$7,2371,073 (79%)$6,02698 (7%)$13,924
2020-21674 (56%)$5,764664 (55%)$5,11336 (3%)$13,610
2021-221,607 (70%)$7,9251,571 (69%)$6,805151 (7%)$13,538
Average937 (73.00%)$7,033926 (72.44%)$6,18868 (5.00%)$13,128
Most Searched Maryland Colleges (last 30 days)
Related Articles and Ads