Financial Aid at Morehead State

[Last update: December 11, 2025]

6,724 students (83% of total 8,058 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Morehead State University (Morehead State). The average amount of the aid awarded is $8,391.

For the first-time, full-time beginning students (freshmen), 99% of total 1,218 enrolled students have received any kind of financial aid and its average amount of aid received is $11,976.

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All Undergraduate Financial Aid

At Morehead State University, 6,724 undergraduate students (83% of total 8,058 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,391.

Financial Aid Statistics (All Undergraduate Students) - Morehead State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship6,72483% $56,423,617$8,391
Pell Grants2,38130% $13,261,779$5,570
Federal Student Loan2,70134% $14,992,265$5,551

Beginning Undergraduate Students (Freshmen) Financial Aid

1,206 beginning undergraduate students (99% of total 1,218 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Morehead State University. The average amount of aid received is $11,976.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Morehead State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,20699% --
Grants or Scholarships1,18597%$14,191,547$11,976
Federal Grants67656%$3,953,393$5,848
Pell Grants67656%$3,803,387$5,626
Other Federal Grants14812%$150,006$1,014
State/Local Grants97880%$4,445,552$4,546
Institutional Grants86671%$5,792,602$6,689
Student Loan Aid71559%$3,741,040$5,232
Federal Student Loans70558%$3,145,759$4,462
Other Student Loans635%$595,281$9,449

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Morehead State University.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level845831$10,705,618$12,669
0-30,000272272$4,133,558$15,197
30,001-48,000150150$2,340,947$15,606
48,001-75,000130127$1,668,998$12,838
75,001-110,000134130$1,200,912$8,962
110,001 or more159152$1,361,203$8,561

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