Financial Aid at MSU

[Last update: December 11, 2025]

3,787 students (84% of total 4,507 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Midwestern State University (MSU). The average amount of the aid awarded is $8,874.

For the first-time, full-time beginning students (freshmen), 96% of total 787 enrolled students have received any kind of financial aid and its average amount of aid received is $11,037.

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All Undergraduate Financial Aid

At Midwestern State University, 3,787 undergraduate students (84% of total 4,507 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $8,874.

Financial Aid Statistics (All Undergraduate Students) - MSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship3,78784% $33,605,454$8,874
Pell Grants1,83241% $10,085,207$5,505
Federal Student Loan1,79240% $11,496,720$6,416

Beginning Undergraduate Students (Freshmen) Financial Aid

755 beginning undergraduate students (96% of total 787 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Midwestern State University. The average amount of aid received is $11,037.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - MSU
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid75596% --
Grants or Scholarships72592%$8,001,699$11,037
Federal Grants45358%$2,674,805$5,905
Pell Grants45358%$2,664,055$5,881
Other Federal Grants152%$10,750$717
State/Local Grants40051%$2,003,837$5,010
Institutional Grants53568%$3,323,057$6,211
Student Loan Aid40051%$2,330,641$5,827
Federal Student Loans39050%$1,960,886$5,028
Other Student Loans284%$369,755$13,206

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 Midwestern 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 level538505$5,664,617$10,529
0-30,000226225$2,900,909$12,836
30,001-48,000100100$1,242,113$12,421
48,001-75,0008885$983,474$11,176
75,001-110,0005748$282,335$4,953
110,001 or more6747$255,786$3,818

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