Number Received Financial Aid (All Undergraduate)
1,720
Percent Received Financial Aid(All Undergraduate)
98%
Average Aid Amount
$36,828
Number Received Financial Aid (Freshmen)
501
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at McDaniel
For the academic year 2021-2022, a total of 1,720 students (98% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $36,828. For freshmen (Full-time, first-time degree-seeking undergraduate students), 501 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at McDaniel College is $49,647, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 1,720 students (98% of all students) have received grants or scholarships and the average received aid amount is $36,828. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at McDaniel College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,720 | 98% | $36,828 |
| Pell Grants | 621 | 35% | $5,015 |
| Federal Student Loans | 1,044 | 59% | $6,144 |
Beginning Students Financial Aid
a total of 501 beginning students (100% of all freshmen) have received any financial aid and 501 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at McDaniel College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 501 | 100% | - |
| Grants or Scholarship from All Sources | 501 | 100% | $38,848 |
| Federal Grants | 190 | 38% | $6,181 |
| Pell Grants | 186 | 37% | $5,028 |
| Other Federal Grants | 68 | 14% | $3,519 |
| State/Local Grants | 128 | 26% | $9,066 |
| Institutional Grants | 501 | 100% | $34,187 |
| Student Loans | 382 | 76% | $6,915 |
| Federal Student Loans | 332 | 66% | $5,389 |
| Other Student Loans | 50 | 10% | $17,049 |
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