How MMU'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 Mount Mary University since 2013.

For that period, the average number of students who received grants aid/scholarships is 677, which is 91.89 % of all undergraduate students. 574 students which is 78.11% of undergraduate students received federal student loans and the average loan amount is $7,459.

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	884 (95%)	$12,965	455 (49%)	$4,333	749 (81%)	$7,753
2014-15	663 (83%)	$16,383	423 (53%)	$4,406	586 (73%)	$7,178
2015-16	695 (93%)	$17,642	433 (58%)	$4,476	579 (78%)	$7,254
2016-17	712 (95%)	$17,636	414 (55%)	$4,504	572 (77%)	$7,061
2017-18	655 (94%)	$19,463	420 (60%)	$4,830	544 (78%)	$7,230
2018-19	640 (92%)	$19,641	433 (63%)	$4,797	533 (77%)	$6,872
2019-20	601 (91%)	$20,872	392 (59%)	$4,818	491 (75%)	$6,884
2020-21	603 (94%)	$21,633	399 (62%)	$4,985	533 (83%)	$6,899
2021-22	643 (90%)	$23,006	429 (60%)	$4,915	579 (81%)	$9,996
Average	677 (91.89%)	$18,805	422 (57.67%)	$4,674	574 (78.11%)	$7,459

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

Overview

For the last 10 years, on average, 138 (99.78 % of students) received grants or scholarships and its average amount is $22,338. It can cover 64.95% of tuition & fees ($34,390).

In addition, 109 (79.11 % of students) students get helped from the students loans (average amount : $5,622).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	113 (100%)	$21,184	87 (77%)	$5,855
2014-15	154 (100%)	$20,327	127 (82%)	$5,460
2015-16	146 (100%)	$22,258	110 (75%)	$5,570
2016-17	118 (100%)	$22,640	95 (81%)	$6,379
2017-18	122 (100%)	$23,730	99 (81%)	$5,467
2018-19	140 (99%)	$23,039	121 (85%)	$5,371
2019-20	124 (99%)	$23,957	95 (76%)	$5,675
2020-21	139 (100%)	$20,006	119 (86%)	$5,737
2021-22	190 (100%)	$23,897	132 (69%)	$5,082
Average	138 (99.78%)	$22,338	109 (79.11%)	$5,622

^*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, 97 (69.78 % of students) received Pell (federal) grants and its average amount is $4,912.

In addition, 99 students received State/local government grants/scholarships (71.67 % 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	73 (65%)	$4,781	6 (5%)	$700	85 (75%)	$3,935	113 (100%)	$15,098
2014-15	98 (64%)	$4,683	7 (5%)	$653	114 (74%)	$3,343	154 (100%)	$14,842
2015-16	99 (68%)	$4,889	16 (11%)	$830	110 (75%)	$3,321	146 (100%)	$16,350
2016-17	69 (58%)	$4,676	9 (8%)	$807	70 (59%)	$3,496	118 (100%)	$17,770
2017-18	95 (78%)	$5,056	20 (16%)	$700	93 (76%)	$3,234	122 (100%)	$17,213
2018-19	109 (77%)	$5,165	27 (19%)	$640	103 (73%)	$3,394	140 (99%)	$16,397
2019-20	96 (77%)	$5,135	112 (90%)	$852	92 (74%)	$3,524	124 (99%)	$16,597
2020-21	100 (72%)	$5,222	70 (50%)	$1,551	99 (71%)	$3,757	126 (91%)	$14,112
2021-22	132 (69%)	$4,597	21 (11%)	$1,350	129 (68%)	$3,323	190 (100%)	$18,298
Average	97 (69.78%)	$4,912	32 (23.89%)	$898	99 (71.67%)	$3,481	137 (98.78%)	$16,297

^*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, 109 (79.11 % of students) get any students loan help and its average loan amount is $109.

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	87 (77%)	$5,855	87 (77%)	$5,415	5 (4%)	$7,658
2014-15	127 (82%)	$5,460	127 (82%)	$5,276	3 (2%)	$7,800
2015-16	110 (75%)	$5,570	110 (75%)	$5,089	6 (4%)	$8,809
2016-17	95 (81%)	$6,379	95 (81%)	$5,115	8 (7%)	$15,012
2017-18	99 (81%)	$5,467	99 (81%)	$5,044	3 (2%)	$13,973
2018-19	121 (85%)	$5,371	121 (85%)	$5,028	4 (3%)	$10,377
2019-20	95 (76%)	$5,675	95 (76%)	$4,902	7 (6%)	$10,479
2020-21	119 (86%)	$5,737	119 (86%)	$5,064	5 (4%)	$16,005
2021-22	132 (69%)	$5,082	131 (69%)	$4,759	5 (3%)	$9,466
Average	109 (79.11%)	$5,622	109 (79.11%)	$5,077	5 (3.89%)	$11,064

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Scholarships, Grants, and Loan Trends at MMU

All Undergraduate Students Financial Aid Over Time

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