Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,738, which is 78.89 % of all undergraduate students. 1,495 students which is 67.78% of undergraduate students received federal student loans and the average loan amount is $6,560.

For full-time, first-time beginning students (freshmen), 81.22% of students received grants or scholarships and 72% 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 Morehouse College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,738, which is 78.89 % of all undergraduate students. 1,495 students which is 67.78% of undergraduate students received federal student loans and the average loan amount is $6,560.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,786 (82%)$17,1221,120 (52%)$4,5671,701 (78%)$7,461
2014-151,750 (83%)$19,8511,040 (49%)$4,6971,490 (71%)$7,404
2015-161,705 (80%)$19,9951,044 (49%)$4,7821,571 (73%)$6,930
2016-171,599 (76%)$20,1031,017 (48%)$4,8951,437 (68%)$7,597
2017-181,681 (76%)$10,3491,056 (48%)$2,5001,392 (63%)$3,554
2018-191,713 (78%)$20,2911,064 (48%)$5,0051,454 (66%)$6,651
2019-201,709 (76%)$19,5571,069 (48%)$5,2961,761 (79%)$6,959
2020-211,867 (87%)$16,509997 (46%)$5,3501,167 (54%)$6,009
2021-221,834 (72%)$17,8631,106 (43%)$4,8301,480 (58%)$6,477
Average1,738 (78.89%)$17,9601,057 (47.89%)$4,6581,495 (67.78%)$6,560
*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, 461 (81.22 % of students) received grants or scholarships and its average amount is $15,934. It can cover 50.23% of tuition & fees ($31,725).

In addition, 406 (71.56 % of students) students get helped from the students loans (average amount : $7,368).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14399 (83%)$14,583387 (80%)$8,355
2014-15451 (84%)$19,021396 (73%)$7,625
2015-16491 (86%)$16,475479 (84%)$7,618
2016-17462 (76%)$17,318452 (74%)$7,814
2017-18502 (81%)$9,522432 (70%)$4,328
2018-19487 (81%)$20,025371 (61%)$6,911
2019-20432 (77%)$17,948461 (82%)$8,010
2020-21432 (84%)$14,936292 (57%)$7,281
2021-22491 (79%)$13,577388 (63%)$8,374
Average461 (81.22%)$15,934406 (71.56%)$7,368
*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, 293 (51.67 % of students) received Pell (federal) grants and its average amount is $4,770.

In addition, 137 students received State/local government grants/scholarships (24.22 % 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
2013-14251 (52%)$4,73848 (10%)$1,48796 (20%)$2,460273 (57%)$15,832
2014-15280 (52%)$4,64067 (12%)$1,839101 (19%)$2,689377 (70%)$18,261
2015-16327 (57%)$4,94859 (10%)$3,737145 (25%)$2,600369 (64%)$15,917
2016-17291 (48%)$5,02342 (7%)$3,952128 (21%)$2,916318 (52%)$18,868
2017-18321 (52%)$2,53332 (5%)$2,000112 (18%)$1,881368 (60%)$10,033
2018-19295 (49%)$5,09068 (11%)$3,897140 (23%)$3,150321 (53%)$23,504
2019-20293 (52%)$5,42062 (11%)$3,968146 (26%)$3,616279 (50%)$19,324
2020-21287 (56%)$5,20468 (13%)$3,958220 (43%)$2,214271 (53%)$15,507
2021-22293 (47%)$5,33582 (13%)$3,554144 (23%)$3,985333 (54%)$12,727
Average293 (51.67%)$4,77059 (10.22%)$3,155137 (24.22%)$2,835323 (57.00%)$16,664
*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, 406 (71.56 % of students) get any students loan help and its average loan amount is $406.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14387 (80%)$8,355387 (80%)$6,43045 (9%)$16,560
2014-15396 (73%)$7,625392 (73%)$6,61822 (4%)$19,326
2015-16479 (84%)$7,618477 (83%)$6,12033 (6%)$22,117
2016-17452 (74%)$7,814450 (74%)$6,73424 (4%)$20,905
2017-18432 (70%)$4,328421 (68%)$3,28037 (6%)$13,217
2018-19371 (61%)$6,911360 (60%)$5,76346 (8%)$10,631
2019-20461 (82%)$8,010454 (81%)$5,89447 (8%)$21,633
2020-21292 (57%)$7,281267 (52%)$6,14825 (5%)$19,383
2021-22388 (63%)$8,374380 (61%)$5,62248 (8%)$23,183
Average406 (71.56%)$7,368399 (70.22%)$5,84536 (6.44%)$18,551

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