Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,015, which is 91.44 % of all undergraduate students. 816 students which is 73.56% of undergraduate students received federal student loans and the average loan amount is $7,406.

For full-time, first-time beginning students (freshmen), 98.78% of students received grants or scholarships and 82% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at McMurry University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,015, which is 91.44 % of all undergraduate students. 816 students which is 73.56% of undergraduate students received federal student loans and the average loan amount is $7,406.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,163 (96%)$13,788573 (47%)$4,037800 (66%)$7,450
2014-15905 (90%)$14,810480 (48%)$4,181694 (69%)$7,552
2015-161,012 (95%)$14,243552 (52%)$3,948890 (83%)$7,990
2016-17957 (89%)$14,938501 (47%)$4,195763 (71%)$7,077
2017-18998 (90%)$15,933553 (50%)$4,608798 (72%)$7,021
2018-19959 (85%)$15,952546 (48%)$4,902776 (69%)$7,408
2019-201,048 (90%)$19,793586 (50%)$4,905935 (80%)$8,161
2020-21976 (90%)$17,950547 (50%)$4,891890 (82%)$7,349
2021-221,119 (98%)$19,222604 (53%)$5,094801 (70%)$6,647
Average1,015 (91.44%)$16,292549 (49.44%)$4,529816 (73.56%)$7,406
*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.

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

For the last 10 years, on average, 251 (98.78 % of students) received grants or scholarships and its average amount is $18,464. It can cover 59.25% of tuition & fees ($31,162).

In addition, 208 (82.33 % of students) students get helped from the students loans (average amount : $7,254).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14245 (98%)$16,459171 (69%)$7,220
2014-15207 (100%)$15,272179 (86%)$7,474
2015-16293 (99%)$16,027237 (80%)$9,371
2016-17279 (98%)$16,151240 (85%)$7,889
2017-18242 (98%)$17,612193 (78%)$7,502
2018-19214 (98%)$19,083176 (80%)$6,560
2019-20253 (99%)$20,760237 (93%)$6,268
2020-21224 (99%)$21,278217 (96%)$6,674
2021-22299 (100%)$23,537222 (74%)$6,326
Average251 (98.78%)$18,464208 (82.33%)$7,254
*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, 137 (54.11 % of students) received Pell (federal) grants and its average amount is $4,652.

In addition, 153 students received State/local government grants/scholarships (60.44 % 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
2013-14120 (48%)$4,31049 (20%)$934143 (57%)$3,282245 (98%)$12,245
2014-15110 (53%)$4,33157 (28%)$1,185146 (71%)$3,307207 (100%)$10,311
2015-16176 (59%)$4,00989 (30%)$982179 (60%)$3,670293 (99%)$11,078
2016-17144 (51%)$4,34864 (23%)$918151 (53%)$3,524277 (98%)$11,874
2017-18130 (53%)$4,72352 (21%)$1,080138 (56%)$3,199241 (98%)$13,072
2018-19113 (52%)$4,81941 (19%)$993134 (61%)$3,136211 (96%)$14,588
2019-20152 (60%)$5,009177 (69%)$1,048127 (50%)$3,775249 (98%)$15,366
2020-21122 (54%)$5,179150 (66%)$1,123140 (62%)$3,351221 (98%)$15,823
2021-22170 (57%)$5,144299 (100%)$1,780221 (74%)$3,329297 (99%)$16,482
Average137 (54.11%)$4,652109 (41.78%)$1,116153 (60.44%)$3,397249 (98.22%)$13,427
*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, 208 (82.33 % of students) get any students loan help and its average loan amount is $208.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14171 (69%)$7,220171 (69%)$6,27819 (8%)$8,484
2014-15179 (86%)$7,474177 (86%)$6,70352 (25%)$2,911
2015-16237 (80%)$9,371236 (79%)$8,31426 (9%)$9,957
2016-17240 (85%)$7,889239 (84%)$5,92142 (15%)$11,383
2017-18193 (78%)$7,502191 (78%)$6,01128 (11%)$10,707
2018-19176 (80%)$6,560175 (80%)$5,54418 (8%)$10,249
2019-20237 (93%)$6,268236 (93%)$5,79011 (4%)$10,824
2020-21217 (96%)$6,674217 (96%)$5,61518 (8%)$12,771
2021-22222 (74%)$6,326216 (72%)$5,20320 (7%)$14,028
Average208 (82.33%)$7,254206 (81.89%)$6,15326 (10.56%)$10,146

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