How Morton'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 Morton College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,146, which is 49.33 % of all undergraduate students. 118 students which is 2.78% of undergraduate students received federal student loans and the average loan amount is $4,899.

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	2,867 (59%)	$4,454	2,823 (58%)	$4,271	206 (4%)	$5,206
2014-15	2,065 (44%)	$4,529	2,007 (43%)	$4,204	168 (4%)	$5,729
2015-16	2,002 (44%)	$4,578	1,950 (42%)	$4,288	127 (3%)	$4,839
2016-17	1,954 (44%)	$4,425	1,895 (43%)	$4,070	113 (3%)	$4,476
2017-18	2,065 (47%)	$4,584	1,936 (44%)	$4,218	114 (3%)	$4,531
2018-19	1,969 (45%)	$4,527	1,823 (42%)	$4,050	111 (3%)	$4,276
2019-20	2,097 (47%)	$6,815	1,895 (43%)	$5,906	103 (2%)	$4,442
2020-21	1,892 (52%)	$7,861	1,569 (43%)	$6,330	71 (2%)	$5,174
2021-22	2,405 (62%)	$6,674	1,461 (38%)	$6,423	48 (1%)	$5,417
Average	2,146 (49.33%)	$5,383	1,929 (44.00%)	$4,862	118 (2.78%)	$4,899

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

Overview

For the last 10 years, on average, 256 (71.89 % of students) received grants or scholarships and its average amount is $5,801. It can cover 52.60% of tuition & fees ($11,028) based on out-of-state rate.

In addition, 10 (2.78 % of students) students get helped from the students loans (average amount : $4,004).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	235 (72%)	$5,633	11 (3%)	$3,417
2014-15	202 (65%)	$5,224	11 (4%)	$4,333
2015-16	284 (66%)	$5,050	7 (2%)	$4,191
2016-17	244 (66%)	$4,994	10 (3%)	$3,804
2017-18	251 (71%)	$4,791	12 (3%)	$3,343
2018-19	188 (73%)	$5,214	7 (3%)	$4,605
2019-20	271 (76%)	$6,556	12 (3%)	$4,125
2020-21	257 (67%)	$6,952	10 (3%)	$4,925
2021-22	374 (91%)	$7,796	6 (1%)	$3,292
Average	256 (71.89%)	$5,801	10 (2.78%)	$4,004

^*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, 216 (61.22 % of students) received Pell (federal) grants and its average amount is $4,960.

In addition, 139 students received State/local government grants/scholarships (38.89 % 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	220 (68%)	$4,944	69 (21%)	$374	151 (46%)	$1,129	20 (6%)	$1,984
2014-15	187 (61%)	$4,659	61 (20%)	$380	120 (39%)	$1,077	14 (5%)	$2,260
2015-16	264 (61%)	$4,657	67 (15%)	$381	132 (30%)	$1,011	23 (5%)	$1,987
2016-17	220 (60%)	$4,533	77 (21%)	$382	132 (36%)	$922	38 (10%)	$1,843
2017-18	224 (63%)	$4,575	20 (6%)	$390	85 (24%)	$1,085	43 (12%)	$1,808
2018-19	158 (61%)	$4,847	43 (17%)	$400	85 (33%)	$1,137	45 (17%)	$2,237
2019-20	235 (66%)	$5,350	124 (35%)	$1,129	161 (45%)	$1,139	53 (15%)	$3,697
2020-21	210 (55%)	$5,449	170 (45%)	$1,339	177 (46%)	$1,082	67 (18%)	$3,329
2021-22	228 (56%)	$5,628	362 (88%)	$2,706	210 (51%)	$1,376	96 (23%)	$3,792
Average	216 (61.22%)	$4,960	110 (29.78%)	$831	139 (38.89%)	$1,106	44 (12.33%)	$2,549

^*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, 10 (2.78 % of students) get any students loan help and its average loan amount is $10.

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	11 (3%)	$3,417	11 (3%)	$3,417	-	-
2014-15	11 (4%)	$4,333	11 (4%)	$4,333	-	-
2015-16	7 (2%)	$4,191	7 (2%)	$4,191	-	-
2016-17	10 (3%)	$3,804	10 (3%)	$3,804	-	-
2017-18	12 (3%)	$3,343	12 (3%)	$3,343	-	-
2018-19	7 (3%)	$4,605	7 (3%)	$4,605	-	-
2019-20	12 (3%)	$4,125	12 (3%)	$4,125	-	-
2020-21	10 (3%)	$4,925	10 (3%)	$4,925	-	-
2021-22	6 (1%)	$3,292	6 (1%)	$3,292	-	-
Average	10 (2.78%)	$4,004	10 (2.78%)	$4,004	-	-

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Scholarships, Grants, and Loan Trends at Morton

All Undergraduate Students Financial Aid Over Time

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