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What is the average loan amount at Morrison Institute of Technology?

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For the academic year 2022-2023, total 19 full-time, first-time students (66% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 54 students (73% of all students) have received federal student loans and the average loan amount is $5,611 at Morrison Institute of Technology.

Below tables show the number and amount by source of financial aid at Morrison Institute of Technology.
All Undergraduate Student Financial Aid at Morrison Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid74100%$10,546
Pell Grants3142%$5,010
Federal Student Loans5473%$5,611
Beginning Students (Freshmen) Financial Aid at Morrison Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid29100%-
Grants or Scholarship from All Sources29100%$14,477
Federal Grants29100%$8,550
Pell Grants1034%$6,065
Other Federal Grants29100%$6,459
State/Local Grants1138%$5,301
Institutional Grants2897%$4,056
Student Loans1966%$6,751
Federal Student Loans1966%$5,776
Other Student Loans27%$9,267

Know more about Morrison Institute of Technology

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