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What is the average loan amount at Alcorn State University?

For the academic year 2022-2023, total 287 full-time, first-time students (73% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 1,756 students (70% of all students) have received federal student loans and the average loan amount is $7,455 at Alcorn State University.

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

Know more about Alcorn State

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