For the academic year 2022-2023, total 29 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 74 students (100% of all students) received grants or scholarships and the average grant amount is $10,546. In addition, 54 students received student loans and the average loan amount is $5,611.
Below tables show the number and amount by source of financial aid at Morrison Institute of Technology.
For all undergraduate students, total 74 students (100% of all students) received grants or scholarships and the average grant amount is $10,546. In addition, 54 students received student loans and the average loan amount is $5,611.
Below tables show the number and amount by source of financial aid at Morrison Institute of Technology.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 74 | 100% | $10,546 |
| Pell Grants | 31 | 42% | $5,010 |
| Federal Student Loans | 54 | 73% | $5,611 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 29 | 100% | - |
| Grants or Scholarship from All Sources | 29 | 100% | $14,477 |
| Federal Grants | 29 | 100% | $8,550 |
| Pell Grants | 10 | 34% | $6,065 |
| Other Federal Grants | 29 | 100% | $6,459 |
| State/Local Grants | 11 | 38% | $5,301 |
| Institutional Grants | 28 | 97% | $4,056 |
| Student Loans | 19 | 66% | $6,751 |
| Federal Student Loans | 19 | 66% | $5,776 |
| Other Student Loans | 2 | 7% | $9,267 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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