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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Alcorn State University since 2011.
For that period, the average number of students who received grants aid/scholarships is 2,636, which is 87.64 % of all undergraduate students. 2,334 students which is 77.45% of undergraduate students received federal student loans and the average loan amount is $8,152.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-123,073 (93%)$7,3142,780 (84%)$4,9972,854 (87%)$8,346
2012-132,845 (89%)$7,5072,540 (79%)$4,8832,846 (89%)$8,642
2013-142,725 (86%)$7,6682,414 (76%)$4,8772,659 (84%)$8,618
2014-152,594 (86%)$8,1062,303 (77%)$4,8442,459 (82%)$8,421
2015-162,465 (85%)$8,0382,160 (74%)$5,0522,301 (79%)$7,914
2016-172,512 (89%)$9,6962,132 (75%)$4,8772,207 (78%)$8,390
2017-182,827 (89%)$11,0412,463 (78%)$5,9122,320 (73%)$8,224
2018-192,656 (84%)$9,4302,323 (73%)$5,4942,306 (73%)$7,341
2019-202,680 (87%)$10,7372,386 (78%)$5,2262,145 (70%)$8,274
2020-212,302 (84%)$10,4581,897 (70%)$6,4011,824 (67%)$8,046
2021-222,321 (92%)$10,0751,803 (72%)$5,9221,756 (70%)$7,455
Average2,636 (87.64%)$9,0972,291 (76.00%)$5,3172,334 (77.45%)$8,152

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 469 (87.27 % of students) received grants or scholarships and its average amount is $9,352. It can cover 109.39% of tuition & fees ($8,549) based on out-of-state rate.
In addition, 408 (74.91 % of students) students get helped from the students loans (average amount : $6,835).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12401 (61%)$7,752369 (56%)$6,564
2012-13416 (74%)$8,275382 (68%)$7,115
2013-14442 (81%)$8,423393 (72%)$7,210
2014-15419 (85%)$9,005361 (73%)$7,168
2015-16508 (86%)$7,889472 (80%)$6,406
2016-17525 (100%)$10,327404 (77%)$8,779
2017-18630 (86%)$13,786630 (86%)$6,739
2018-19530 (88%)$9,738412 (69%)$6,099
2019-20512 (100%)$8,907478 (93%)$6,816
2020-21386 (99%)$8,381299 (77%)$6,255
2021-22393 (100%)$10,386287 (73%)$6,039
Average469 (87.27%)$9,352408 (74.91%)$6,835
*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 12 years, on average, 408 (75.18 % of students) received Pell (federal) grants and its average amount is $5,232.
In addition, 70 students received State/local government grants/scholarships (13.18 % 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
2011-12363 (55%)$4,864111 (17%)$1,93626 (4%)$484151 (23%)$7,389
2012-13377 (67%)$4,902125 (22%)$1,91731 (6%)$510163 (29%)$8,213
2013-14386 (71%)$4,944140 (26%)$1,64055 (10%)$1,251200 (37%)$7,580
2014-15366 (74%)$4,844239 (48%)$71155 (11%)$1,251193 (39%)$9,128
2015-16436 (74%)$4,997195 (33%)$1,46166 (11%)$2,288184 (31%)$7,572
2016-17417 (79%)$4,913525 (100%)$66599 (19%)$2,808339 (65%)$8,099
2017-18630 (86%)$5,890287 (39%)$1,010114 (16%)$2,531454 (62%)$9,683
2018-19421 (70%)$5,323162 (27%)$1,54496 (16%)$2,991282 (47%)$8,450
2019-20472 (92%)$5,820296 (58%)$1,11188 (17%)$2,970248 (48%)$4,932
2020-21311 (80%)$5,382183 (47%)$4,31333 (8%)$2,660129 (33%)$5,304
2021-22313 (79%)$5,671156 (40%)$1,362108 (27%)$2,218296 (75%)$6,265
Average408 (75.18%)$5,232220 (41.55%)$1,60670 (13.18%)$1,997240 (44.45%)$7,510
*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 12 years, on average, 408 (74.91 % of students) get any students loan help and its average loan amount is $408.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12369 (56%)$6,564369 (56%)$6,564--
2012-13382 (68%)$7,115382 (68%)$7,115--
2013-14393 (72%)$7,210393 (72%)$7,210--
2014-15361 (73%)$7,168361 (73%)$7,168--
2015-16472 (80%)$6,406472 (80%)$6,406--
2016-17404 (77%)$8,779404 (77%)$8,779--
2017-18630 (86%)$6,739630 (86%)$6,739--
2018-19412 (69%)$6,099412 (69%)$6,099--
2019-20478 (93%)$6,816478 (93%)$6,816--
2020-21299 (77%)$6,255299 (77%)$6,255--
2021-22287 (73%)$6,039287 (73%)$6,039--
Average408 (74.91%)$6,835408 (74.91%)$6,835--

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