Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 96.11% of students received grants or scholarships and 53% 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 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-147,917 (86%)$7,6883,082 (34%)$4,4574,377 (48%)$7,772
2014-158,195 (87%)$8,0163,119 (33%)$4,5284,446 (47%)$7,941
2015-168,062 (87%)$8,1272,899 (31%)$4,5764,276 (46%)$7,922
2016-177,214 (81%)$8,3902,739 (31%)$4,4714,172 (47%)$8,095
2017-186,973 (81%)$8,2412,628 (30%)$4,6093,934 (46%)$8,056
2018-197,187 (88%)$8,7822,538 (31%)$4,6513,530 (43%)$7,978
2019-207,424 (91%)$9,2822,535 (31%)$4,7203,313 (41%)$7,989
2020-217,273 (92%)$9,8222,467 (31%)$4,9323,129 (40%)$7,739
2021-227,642 (100%)$10,2342,409 (31%)$5,0362,926 (38%)$7,950
Average7,543 (88.11%)$8,7312,713 (31.44%)$4,6643,789 (44.00%)$7,938
*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, 1,389 (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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,530 (98%)$8,668885 (56%)$7,553
2014-151,458 (98%)$9,308832 (56%)$7,830
2015-161,414 (97%)$9,714809 (55%)$8,295
2016-171,269 (85%)$8,426830 (55%)$8,835
2017-181,294 (90%)$8,881822 (57%)$8,696
2018-191,305 (99%)$10,450668 (51%)$8,604
2019-201,399 (99%)$11,892705 (50%)$8,706
2020-211,458 (99%)$11,753713 (49%)$8,208
2021-221,373 (100%)$11,560684 (50%)$8,485
Average1,389 (96.11%)$10,072772 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14548 (35%)$4,643143 (9%)$498915 (58%)$2,3741,106 (70%)$7,662
2014-15576 (39%)$4,702198 (13%)$496889 (60%)$2,4271,078 (72%)$7,984
2015-16529 (36%)$4,750148 (10%)$555842 (58%)$2,4071,042 (71%)$8,747
2016-17482 (32%)$4,690141 (9%)$499862 (58%)$2,500892 (60%)$6,957
2017-18524 (36%)$4,712131 (9%)$498883 (61%)$2,631978 (68%)$6,784
2018-19528 (40%)$4,742147 (11%)$521852 (65%)$2,6541,169 (89%)$7,524
2019-20541 (38%)$4,972457 (32%)$1,222875 (62%)$2,7181,284 (91%)$8,575
2020-21581 (40%)$5,233285 (19%)$1,165903 (61%)$2,8991,363 (93%)$8,177
2021-22524 (38%)$5,237167 (12%)$522840 (61%)$3,1501,317 (96%)$7,893
Average537 (37.11%)$4,853202 (13.78%)$664873 (60.44%)$2,6401,137 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14885 (56%)$7,553866 (55%)$6,82383 (5%)$9,344
2014-15832 (56%)$7,830818 (55%)$6,86593 (6%)$9,669
2015-16809 (55%)$8,295802 (55%)$7,18487 (6%)$10,913
2016-17830 (55%)$8,835820 (55%)$7,555100 (7%)$11,374
2017-18822 (57%)$8,696810 (56%)$7,461110 (8%)$10,039
2018-19668 (51%)$8,604659 (50%)$7,27795 (7%)$10,023
2019-20705 (50%)$8,706693 (49%)$7,177108 (8%)$10,775
2020-21713 (49%)$8,208691 (47%)$6,997101 (7%)$10,075
2021-22684 (50%)$8,485673 (49%)$7,10884 (6%)$12,139
Average772 (53.22%)$8,357759 (52.33%)$7,16196 (6.67%)$10,483

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