Scholarships, Grants, and Loan Trends at Morgan CC

-5%

Received Percent Changed

$3,195

Received Amount Changes

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 581, which is 40.56 % of all undergraduate students. 166 students which is 11.44% of undergraduate students received federal student loans and the average loan amount is $4,564.

For full-time, first-time beginning students (freshmen), 81.00% of students received grants or scholarships and 13% 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 Morgan Community College since 2014.

For that period, the average number of students who received grants aid/scholarships is 581, which is 40.56 % of all undergraduate students. 166 students which is 11.44% of undergraduate students received federal student loans and the average loan amount is $4,564.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15678 (37%)$4,752457 (25%)$4,924245 (13%)$5,867
2015-16585 (36%)$5,217391 (24%)$4,942183 (11%)$5,291
2016-17537 (36%)$5,667375 (25%)$4,995152 (10%)$4,816
2017-18518 (37%)$6,446397 (29%)$5,064181 (13%)$4,570
2018-19502 (41%)$6,274350 (29%)$5,197173 (14%)$4,411
2019-20585 (46%)$6,050328 (26%)$5,213146 (12%)$4,190
2020-21876 (64%)$5,769556 (40%)$5,209175 (13%)$4,063
2021-22486 (36%)$6,100296 (22%)$5,399128 (9%)$3,826
2022-23461 (32%)$7,947310 (21%)$5,622110 (8%)$4,042
Average581 (40.56%)$6,025384 (26.78%)$5,174166 (11.44%)$4,564
*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, 64 (81.00 % of students) received grants or scholarships and its average amount is $6,176. It can cover 36.65% of tuition & fees ($16,852) based on out-of-state rate.

In addition, 10 (12.67 % of students) students get helped from the students loans (average amount : $4,215).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1561 (90%)$5,17511 (16%)$4,500
2015-1657 (70%)$5,7697 (9%)$3,775
2016-1754 (57%)$6,3649 (10%)$5,871
2017-1871 (86%)$6,1959 (11%)$3,357
2018-1971 (86%)$6,4048 (10%)$5,462
2019-2073 (94%)$7,33911 (14%)$3,757
2020-2163 (80%)$5,99811 (14%)$3,629
2021-2262 (75%)$6,05618 (22%)$4,372
2022-2367 (91%)$6,2856 (8%)$3,211
Average64 (81.00%)$6,17610 (12.67%)$4,215
*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, 43 (54.00 % of students) received Pell (federal) grants and its average amount is $5,342.

In addition, 49 students received State/local government grants/scholarships (61.89 % 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
2014-1547 (69%)$4,8397 (10%)$80050 (74%)$1,28016 (24%)$1,166
2015-1643 (52%)$4,8673 (4%)$67547 (57%)$2,08622 (27%)$886
2016-1744 (47%)$5,1206 (6%)$33349 (52%)$2,2226 (6%)$1,253
2017-1849 (59%)$4,8877 (8%)$52158 (70%)$2,24223 (28%)$2,899
2018-1945 (54%)$5,57112 (14%)$46348 (58%)$2,17227 (33%)$3,489
2019-2045 (58%)$6,33461 (78%)$48654 (69%)$3,24529 (37%)$1,579
2020-2140 (51%)$5,2158 (10%)$80048 (61%)$2,40018 (23%)$2,649
2021-2237 (45%)$5,49122 (27%)$1,22043 (52%)$2,67923 (28%)$1,316
2022-2338 (51%)$5,7504 (5%)$85047 (64%)$3,00025 (34%)$2,329
Average43 (54.00%)$5,34214 (18.00%)$68349 (61.89%)$2,37021 (26.67%)$1,952
*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, 10 (12.67 % of students) get any students loan help and its average loan amount is $10.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1511 (16%)$4,50011 (16%)$4,500--
2015-167 (9%)$3,7757 (9%)$3,775--
2016-179 (10%)$5,8718 (9%)$3,6051 (1%)$24,000
2017-189 (11%)$3,3579 (11%)$3,357--
2018-198 (10%)$5,4628 (10%)$5,462--
2019-2011 (14%)$3,75711 (14%)$3,757--
2020-2111 (14%)$3,62910 (13%)$3,3922 (3%)$3,000
2021-2218 (22%)$4,37218 (22%)$4,1641 (1%)$3,750
2022-236 (8%)$3,2116 (8%)$3,211--
Average10 (12.67%)$4,21510 (12.44%)$3,9141 (1.67%)$10,250

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