32,270 students (80% of total 40,483 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Michigan State University (MSU). The average amount of the aid awarded is $9,834.
For the first-time, full-time beginning students (freshmen), 92% of total 9,361 enrolled students have received any kind of financial aid and its average amount of aid received is $9,750.
At Michigan State University, 32,270 undergraduate students (80% of total 40,483 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $9,834.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 32,270 | 80% | $317,344,780 | $9,834 |
| Pell Grants | 8,133 | 20% | $46,629,311 | $5,733 |
| Federal Student Loan | 13,613 | 34% | $85,871,543 | $6,308 |
8,601 beginning undergraduate students (92% of total 9,361 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Michigan State University. The average amount of aid received is $9,750.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 8,601 | 92% | - | - |
| Grants or Scholarships | 8,262 | 88% | $80,554,798 | $9,750 |
| Federal Grants | 1,896 | 20% | $11,507,259 | $6,069 |
| Pell Grants | 1,893 | 20% | $11,026,376 | $5,825 |
| Other Federal Grants | 951 | 10% | $480,883 | $506 |
| State/Local Grants | 2,619 | 28% | $13,770,862 | $5,258 |
| Institutional Grants | 8,080 | 86% | $55,276,677 | $6,841 |
| Student Loan Aid | 3,422 | 37% | $30,732,986 | $8,981 |
| Federal Student Loans | 3,216 | 34% | $16,815,643 | $5,229 |
| Other Student Loans | 642 | 7% | $13,917,343 | $21,678 |
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 Michigan 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.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 3,214 | 3,161 | $31,422,711 | $9,777 |
| 0-30,000 | 682 | 681 | $15,283,269 | $22,409 |
| 30,001-48,000 | 415 | 415 | $6,867,310 | $16,548 |
| 48,001-75,000 | 456 | 454 | $4,628,339 | $10,150 |
| 75,001-110,000 | 414 | 409 | $1,899,413 | $4,588 |
| 110,001 or more | 1,247 | 1,202 | $2,744,380 | $2,201 |
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