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 University since 2013.

For that period, the average number of students who received grants aid/scholarships is 7,543, which is 88.11 % of all undergraduate students. 3,789 students which is 44.00% of undergraduate students received federal student loans and the average loan amount is $7,938.

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	7,917 (86%)	$7,688	3,082 (34%)	$4,457	4,377 (48%)	$7,772
2014-15	8,195 (87%)	$8,016	3,119 (33%)	$4,528	4,446 (47%)	$7,941
2015-16	8,062 (87%)	$8,127	2,899 (31%)	$4,576	4,276 (46%)	$7,922
2016-17	7,214 (81%)	$8,390	2,739 (31%)	$4,471	4,172 (47%)	$8,095
2017-18	6,973 (81%)	$8,241	2,628 (30%)	$4,609	3,934 (46%)	$8,056
2018-19	7,187 (88%)	$8,782	2,538 (31%)	$4,651	3,530 (43%)	$7,978
2019-20	7,424 (91%)	$9,282	2,535 (31%)	$4,720	3,313 (41%)	$7,989
2020-21	7,273 (92%)	$9,822	2,467 (31%)	$4,932	3,129 (40%)	$7,739
2021-22	7,642 (100%)	$10,234	2,409 (31%)	$5,036	2,926 (38%)	$7,950
Average	7,543 (88.11%)	$8,731	2,713 (31.44%)	$4,664	3,789 (44.00%)	$7,938

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

Overview

For the last 10 years, on average, 1,389 (96.11 % of students) received grants or scholarships and its average amount is $10,072. It can cover 51.78% of tuition & fees ($19,452) based on out-of-state rate.

In addition, 772 (53.22 % of students) students get helped from the students loans (average amount : $8,357).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,530 (98%)	$8,668	885 (56%)	$7,553
2014-15	1,458 (98%)	$9,308	832 (56%)	$7,830
2015-16	1,414 (97%)	$9,714	809 (55%)	$8,295
2016-17	1,269 (85%)	$8,426	830 (55%)	$8,835
2017-18	1,294 (90%)	$8,881	822 (57%)	$8,696
2018-19	1,305 (99%)	$10,450	668 (51%)	$8,604
2019-20	1,399 (99%)	$11,892	705 (50%)	$8,706
2020-21	1,458 (99%)	$11,753	713 (49%)	$8,208
2021-22	1,373 (100%)	$11,560	684 (50%)	$8,485
Average	1,389 (96.11%)	$10,072	772 (53.22%)	$8,357

^*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, 537 (37.11 % of students) received Pell (federal) grants and its average amount is $4,853.

In addition, 873 students received State/local government grants/scholarships (60.44 % 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	548 (35%)	$4,643	143 (9%)	$498	915 (58%)	$2,374	1,106 (70%)	$7,662
2014-15	576 (39%)	$4,702	198 (13%)	$496	889 (60%)	$2,427	1,078 (72%)	$7,984
2015-16	529 (36%)	$4,750	148 (10%)	$555	842 (58%)	$2,407	1,042 (71%)	$8,747
2016-17	482 (32%)	$4,690	141 (9%)	$499	862 (58%)	$2,500	892 (60%)	$6,957
2017-18	524 (36%)	$4,712	131 (9%)	$498	883 (61%)	$2,631	978 (68%)	$6,784
2018-19	528 (40%)	$4,742	147 (11%)	$521	852 (65%)	$2,654	1,169 (89%)	$7,524
2019-20	541 (38%)	$4,972	457 (32%)	$1,222	875 (62%)	$2,718	1,284 (91%)	$8,575
2020-21	581 (40%)	$5,233	285 (19%)	$1,165	903 (61%)	$2,899	1,363 (93%)	$8,177
2021-22	524 (38%)	$5,237	167 (12%)	$522	840 (61%)	$3,150	1,317 (96%)	$7,893
Average	537 (37.11%)	$4,853	202 (13.78%)	$664	873 (60.44%)	$2,640	1,137 (78.89%)	$7,811

^*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, 772 (53.22 % of students) get any students loan help and its average loan amount is $772.

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	885 (56%)	$7,553	866 (55%)	$6,823	83 (5%)	$9,344
2014-15	832 (56%)	$7,830	818 (55%)	$6,865	93 (6%)	$9,669
2015-16	809 (55%)	$8,295	802 (55%)	$7,184	87 (6%)	$10,913
2016-17	830 (55%)	$8,835	820 (55%)	$7,555	100 (7%)	$11,374
2017-18	822 (57%)	$8,696	810 (56%)	$7,461	110 (8%)	$10,039
2018-19	668 (51%)	$8,604	659 (50%)	$7,277	95 (7%)	$10,023
2019-20	705 (50%)	$8,706	693 (49%)	$7,177	108 (8%)	$10,775
2020-21	713 (49%)	$8,208	691 (47%)	$6,997	101 (7%)	$10,075
2021-22	684 (50%)	$8,485	673 (49%)	$7,108	84 (6%)	$12,139
Average	772 (53.22%)	$8,357	759 (52.33%)	$7,161	96 (6.67%)	$10,483

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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