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What is the average financial aid amount at Alcorn State University?

For the academic year 2022-2023, total 393 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 2,321 students (92% of all students) received grants or scholarships and the average grant amount is $10,075. In addition, 1,756 students received student loans and the average loan amount is $7,455.

Below tables show the number and amount by source of financial aid at Alcorn State University.
All Undergraduate Student Financial Aid at Alcorn State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,32192%$10,075
Pell Grants1,80372%$5,922
Federal Student Loans1,75670%$7,455
Beginning Students (Freshmen) Financial Aid at Alcorn State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid393100%-
Grants or Scholarship from All Sources393100%$10,386
Federal Grants31379%$6,350
Pell Grants31379%$5,671
Other Federal Grants15640%$1,362
State/Local Grants10827%$2,218
Institutional Grants29675%$6,265
Student Loans28773%$6,039
Federal Student Loans28773%$6,039
Other Student Loans00%$0

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