Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 7,097, which is 75.78 % of all undergraduate students. 4,047 students which is 42.89% of undergraduate students received federal student loans and the average loan amount is $6,536.

For full-time, first-time beginning students (freshmen), 96.89% of students received grants or scholarships and 63% 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 Morehead State University since 2013.

For that period, the average number of students who received grants aid/scholarships is 7,097, which is 75.78 % of all undergraduate students. 4,047 students which is 42.89% of undergraduate students received federal student loans and the average loan amount is $6,536.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,650 (66%)$7,4823,769 (37%)$4,0824,922 (49%)$6,974
2014-156,711 (67%)$7,6993,749 (38%)$4,1944,974 (50%)$6,882
2015-166,472 (66%)$8,4103,466 (35%)$4,2884,614 (47%)$6,770
2016-177,837 (80%)$6,1633,141 (32%)$4,3114,243 (44%)$6,793
2017-187,812 (81%)$6,3233,173 (33%)$4,4734,237 (44%)$6,658
2018-197,429 (79%)$7,0673,180 (34%)$4,5733,995 (43%)$6,375
2019-207,255 (81%)$7,4732,939 (33%)$4,6123,431 (38%)$6,354
2020-216,964 (81%)$7,9802,820 (33%)$4,7673,072 (36%)$6,128
2021-226,739 (81%)$8,6442,559 (31%)$4,8102,935 (35%)$5,893
Average7,097 (75.78%)$7,4713,200 (34.00%)$4,4574,047 (42.89%)$6,536
*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, 1,351 (96.89 % of students) received grants or scholarships and its average amount is $9,317. It can cover 63.36% of tuition & fees ($14,706) based on out-of-state rate.

In addition, 888 (63.22 % of students) students get helped from the students loans (average amount : $5,961).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,643 (97%)$7,9621,112 (66%)$6,038
2014-151,501 (97%)$7,7861,097 (71%)$6,037
2015-161,418 (95%)$8,503960 (64%)$5,884
2016-171,266 (95%)$8,381847 (63%)$6,243
2017-181,296 (97%)$9,023916 (68%)$6,096
2018-191,438 (98%)$9,565982 (67%)$6,006
2019-201,286 (98%)$10,117761 (58%)$6,034
2020-211,157 (97%)$10,376660 (56%)$5,742
2021-221,154 (98%)$12,140656 (56%)$5,567
Average1,351 (96.89%)$9,317888 (63.22%)$5,961
*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, 719 (51.44 % of students) received Pell (federal) grants and its average amount is $4,625.

In addition, 1,157 students received State/local government grants/scholarships (82.89 % 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
2013-14878 (52%)$4,268191 (11%)$4191,399 (83%)$2,6001,187 (70%)$4,732
2014-15831 (54%)$4,297163 (11%)$4471,266 (82%)$2,4371,048 (68%)$4,730
2015-16759 (51%)$4,593242 (16%)$5711,230 (82%)$2,5311,003 (67%)$5,304
2016-17643 (48%)$4,473172 (13%)$5001,086 (81%)$2,541860 (64%)$5,685
2017-18711 (53%)$4,459137 (10%)$5441,121 (83%)$2,660955 (71%)$5,725
2018-19798 (54%)$4,671231 (16%)$7411,255 (86%)$2,7581,085 (74%)$5,894
2019-20677 (52%)$4,789586 (45%)$1,1771,089 (83%)$2,8241,005 (77%)$5,974
2020-21598 (50%)$5,007543 (46%)$2,074990 (83%)$3,003854 (72%)$5,751
2021-22579 (49%)$5,069710 (60%)$2,973978 (83%)$3,192871 (74%)$6,707
Average719 (51.44%)$4,625331 (25.33%)$1,0501,157 (82.89%)$2,727985 (70.78%)$5,611
*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, 888 (63.22 % of students) get any students loan help and its average loan amount is $888.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,112 (66%)$6,0381,105 (65%)$5,68758 (3%)$7,415
2014-151,097 (71%)$6,0371,097 (71%)$5,59063 (4%)$7,769
2015-16960 (64%)$5,884958 (64%)$5,52347 (3%)$7,594
2016-17847 (63%)$6,243843 (63%)$5,54074 (6%)$8,351
2017-18916 (68%)$6,096912 (68%)$5,35090 (7%)$7,831
2018-19982 (67%)$6,006973 (66%)$5,23792 (6%)$8,717
2019-20761 (58%)$6,034755 (58%)$5,19174 (6%)$9,084
2020-21660 (56%)$5,742656 (55%)$4,96458 (5%)$9,199
2021-22656 (56%)$5,567650 (55%)$4,85150 (4%)$9,969
Average888 (63.22%)$5,961883 (62.78%)$5,32667 (4.89%)$8,437

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