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How many students are received the students loans at Central Michigan University?

For the academic year 2022-2023, total 1,529 full-time, first-time students (81% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 7,921 students (69% of all students) have received federal student loans and the average loan amount is $7,185 at Central Michigan University.

Below tables show the number and amount by source of financial aid at Central Michigan University.
All Undergraduate Student Financial Aid at Central Michigan University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid10,34591%$9,868
Pell Grants3,53431%$4,652
Federal Student Loans7,92169%$7,185
Beginning Students (Freshmen) Financial Aid at Central Michigan University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,86099%-
Grants or Scholarship from All Sources1,81196%$11,314
Federal Grants1,74192%$2,712
Pell Grants58731%$4,771
Other Federal Grants1,15461%$1,664
State/Local Grants855%$1,068
Institutional Grants1,78595%$8,783
Student Loans1,52981%$7,099
Federal Student Loans1,50380%$5,722
Other Student Loans25514%$8,842

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

Know more about Central Michigan

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