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What is the average financial aid amount at McDaniel College?

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For the academic year 2022-2023, total 501 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 1,720 students (98% of all students) received grants or scholarships and the average grant amount is $36,828. In addition, 1,044 students received student loans and the average loan amount is $6,144.

Below tables show the number and amount by source of financial aid at McDaniel College.
All Undergraduate Student Financial Aid at McDaniel College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,72098%$36,828
Pell Grants62135%$5,015
Federal Student Loans1,04459%$6,144
Beginning Students (Freshmen) Financial Aid at McDaniel College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid501100%-
Grants or Scholarship from All Sources501100%$38,848
Federal Grants19038%$6,181
Pell Grants18637%$5,028
Other Federal Grants6814%$3,519
State/Local Grants12826%$9,066
Institutional Grants501100%$34,187
Student Loans38276%$6,915
Federal Student Loans33266%$5,389
Other Student Loans5010%$17,049
see more grants, scholarship, student loans, and other financial aid stats

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