How Murray State'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 Murray State College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,758, which is 77.89 % of all undergraduate students. 1,146 students which is 51.11% of undergraduate students received federal student loans and the average loan amount is $5,234.

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	1,924 (82%)	$6,689	1,154 (49%)	$3,681	775 (33%)	$6,531
2014-15	1,857 (81%)	$4,530	1,152 (50%)	$3,685	1,103 (48%)	$5,991
2015-16	1,950 (82%)	$5,116	1,056 (44%)	$3,738	1,094 (46%)	$6,543
2016-17	1,957 (82%)	$5,245	1,034 (43%)	$3,633	1,246 (52%)	$8,955
2017-18	1,497 (65%)	$5,577	954 (42%)	$3,776	1,311 (57%)	$3,424
2018-19	1,374 (64%)	$4,629	937 (44%)	$3,832	1,211 (56%)	$2,711
2019-20	1,127 (54%)	$5,668	750 (36%)	$3,979	1,330 (64%)	$4,047
2020-21	1,999 (92%)	$6,800	754 (35%)	$3,816	1,908 (88%)	$2,793
2021-22	2,138 (99%)	$5,850	646 (30%)	$4,979	339 (16%)	$6,109
Average	1,758 (77.89%)	$5,567	937 (41.44%)	$3,902	1,146 (51.11%)	$5,234

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

Overview

For the last 10 years, on average, 309 (81.00 % of students) received grants or scholarships and its average amount is $6,607. It can cover 61.01% of tuition & fees ($10,830) based on out-of-state rate.

In addition, 239 (59.11 % of students) students get helped from the students loans (average amount : $4,349).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	308 (70%)	$5,431	104 (24%)	$4,825
2014-15	371 (74%)	$6,081	264 (53%)	$4,805
2015-16	410 (79%)	$6,043	311 (60%)	$5,363
2016-17	360 (80%)	$6,370	325 (73%)	$5,142
2017-18	292 (65%)	$6,186	297 (66%)	$2,235
2018-19	333 (88%)	$7,514	293 (77%)	$1,860
2019-20	288 (82%)	$6,720	243 (69%)	$4,967
2020-21	327 (91%)	$7,000	278 (77%)	$4,317
2021-22	96 (100%)	$8,120	32 (33%)	$5,623
Average	309 (81.00%)	$6,607	239 (59.11%)	$4,349

^*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 (54.89 % of students) received Pell (federal) grants and its average amount is $4,405.

In addition, 127 students received State/local government grants/scholarships (32.33 % 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	202 (46%)	$4,294	28 (6%)	$557	117 (27%)	$2,535	131 (30%)	$3,764
2014-15	286 (57%)	$4,128	23 (5%)	$574	158 (31%)	$2,427	159 (32%)	$4,268
2015-16	302 (58%)	$4,072	33 (6%)	$600	155 (30%)	$2,310	363 (70%)	$2,397
2016-17	258 (58%)	$4,084	35 (8%)	$523	148 (33%)	$3,140	183 (41%)	$4,134
2017-18	210 (47%)	$4,328	21 (5%)	$543	99 (22%)	$3,187	144 (32%)	$3,962
2018-19	238 (63%)	$4,179	51 (13%)	$436	233 (61%)	$3,474	173 (46%)	$3,906
2019-20	190 (54%)	$4,609	53 (15%)	$555	105 (30%)	$2,738	186 (53%)	$3,993
2020-21	200 (55%)	$4,409	275 (76%)	$1,156	96 (27%)	$3,146	189 (52%)	$4,166
2021-22	54 (56%)	$5,539	95 (99%)	$1,128	29 (30%)	$3,943	37 (39%)	$6,996
Average	216 (54.89%)	$4,405	68 (25.89%)	$675	127 (32.33%)	$2,989	174 (43.89%)	$4,176

^*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, 239 (59.11 % of students) get any students loan help and its average loan amount is $239.

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	104 (24%)	$4,825	103 (23%)	$4,791	2 (0%)	$4,188
2014-15	264 (53%)	$4,805	263 (52%)	$4,771	1 (0%)	$13,606
2015-16	311 (60%)	$5,363	311 (60%)	$5,346	1 (0%)	$5,450
2016-17	325 (73%)	$5,142	324 (72%)	$5,080	2 (0%)	$12,750
2017-18	297 (66%)	$2,235	296 (66%)	$2,163	5 (1%)	$4,747
2018-19	293 (77%)	$1,860	291 (77%)	$1,788	5 (1%)	$4,954
2019-20	243 (69%)	$4,967	240 (68%)	$4,995	3 (1%)	$2,727
2020-21	278 (77%)	$4,317	277 (77%)	$4,263	3 (1%)	$6,371
2021-22	32 (33%)	$5,623	32 (33%)	$5,431	2 (2%)	$3,069
Average	239 (59.11%)	$4,349	237 (58.67%)	$4,292	3 (1.20%)	$6,429

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Scholarships, Grants, and Loan Trends at Murray State

All Undergraduate Students Financial Aid Over Time

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