All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Morrison Institute of Technology since 2011.
For that period, the average number of students who received grants aid/scholarships is 74, which is 82.45 % of all undergraduate students. 71 students which is 78.09% of undergraduate students received federal student loans and the average loan amount is $6,208.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1283 (92%)$5,78553 (59%)$4,06973 (81%)$6,391
2012-1369 (84%)$5,71547 (57%)$4,02062 (76%)$6,822
2013-1461 (64%)$3,64047 (49%)$2,42168 (72%)$4,303
2014-1573 (86%)$4,76543 (51%)$4,53769 (81%)$6,059
2015-1669 (73%)$6,36243 (45%)$4,48865 (68%)$8,674
2016-1763 (69%)$6,58742 (46%)$4,63670 (77%)$6,079
2017-1888 (84%)$7,32060 (57%)$4,51186 (82%)$6,215
2018-1989 (77%)$7,73962 (53%)$4,67094 (81%)$6,126
2019-2082 (94%)$6,87441 (47%)$4,53976 (87%)$5,969
2020-2166 (84%)$7,85142 (53%)$4,46764 (81%)$6,043
2021-2274 (100%)$10,54631 (42%)$5,01054 (73%)$5,611
Average74 (82.45%)$6,65346 (50.82%)$4,30671 (78.09%)$6,208

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 33 (82.09 % of students) received grants or scholarships and its average amount is $6,647. It can cover 33.40% of tuition & fees ($19,900).
In addition, 32 (78.64 % of students) students get helped from the students loans (average amount : $6,353).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1222 (67%)$3,85827 (82%)$4,183
2012-1330 (70%)$3,89331 (72%)$3,811
2013-1421 (54%)$4,51628 (72%)$4,892
2014-1525 (81%)$5,17729 (94%)$6,872
2015-1643 (86%)$5,64036 (72%)$9,905
2016-1732 (89%)$6,66030 (83%)$6,833
2017-1854 (87%)$6,53850 (81%)$7,256
2018-1943 (86%)$7,31941 (82%)$6,860
2019-2031 (94%)$6,36128 (85%)$6,760
2020-2134 (89%)$8,67829 (76%)$5,764
2021-2229 (100%)$14,47719 (66%)$6,751
Average33 (82.09%)$6,64732 (78.64%)$6,353
*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, 21 (50.55 % of students) received Pell (federal) grants and its average amount is $4,234.
In addition, 18 students received State/local government grants/scholarships (44.27 % 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
2011-1217 (52%)$2,30914 (42%)$28218 (55%)$2,0967 (21%)$564
2012-1322 (51%)$2,40925 (58%)$45316 (37%)$2,36023 (53%)$639
2013-1420 (51%)$2,44920 (51%)$28815 (38%)$2,32012 (31%)$442
2014-1515 (48%)$4,95415 (48%)$58611 (35%)$3,30914 (45%)$709
2015-1625 (50%)$4,47825 (50%)$51618 (36%)$4,55931 (62%)$1,148
2016-1719 (53%)$5,21819 (53%)$52619 (53%)$4,45119 (53%)$1,021
2017-1835 (56%)$4,78624 (39%)$54427 (44%)$4,66343 (69%)$1,084
2018-1929 (58%)$5,06922 (44%)$55724 (48%)$5,03529 (58%)$1,193
2019-2015 (45%)$3,80830 (91%)$1,58515 (45%)$5,13418 (55%)$861
2020-2122 (58%)$5,03422 (58%)$78122 (58%)$5,73229 (76%)$1,414
2021-2210 (34%)$6,06529 (100%)$6,45911 (38%)$5,30128 (97%)$4,056
Average21 (50.55%)$4,23422 (57.64%)$1,14318 (44.27%)$4,08723 (56.36%)$1,194
*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, 32 (78.64 % of students) get any students loan help and its average loan amount is $32.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1227 (82%)$4,18326 (79%)$3,0644 (12%)$8,322
2012-1331 (72%)$3,81131 (72%)$3,4841 (2%)$10,150
2013-1428 (72%)$4,89228 (72%)$3,2487 (18%)$6,577
2014-1529 (94%)$6,87229 (94%)$5,6134 (13%)$9,125
2015-1636 (72%)$9,90536 (72%)$8,3526 (12%)$9,317
2016-1730 (83%)$6,83330 (83%)$5,7833 (8%)$10,500
2017-1850 (81%)$7,25650 (81%)$6,2708 (13%)$6,162
2018-1941 (82%)$6,86041 (82%)$5,5415 (10%)$10,810
2019-2028 (85%)$6,76028 (85%)$5,6794 (12%)$7,573
2020-2129 (76%)$5,76429 (76%)$5,764--
2021-2219 (66%)$6,75119 (66%)$5,7762 (7%)$9,267
Average32 (78.64%)$6,35332 (78.36%)$5,3254 (10.70%)$8,780
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