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What is the average loan amount at McPherson College?

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For the academic year 2022-2023, total 187 full-time, first-time students (69% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 533 students (64% of all students) have received federal student loans and the average loan amount is $6,263 at McPherson College.

Below tables show the number and amount by source of financial aid at McPherson College.
All Undergraduate Student Financial Aid at McPherson College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid81999%$21,522
Pell Grants27733%$4,649
Federal Student Loans53364%$6,263
Beginning Students (Freshmen) Financial Aid at McPherson College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid271100%-
Grants or Scholarship from All Sources271100%$21,916
Federal Grants11141%$4,872
Pell Grants11041%$4,537
Other Federal Grants11141%$375
State/Local Grants4818%$3,296
Institutional Grants271100%$19,337
Student Loans18769%$6,501
Federal Student Loans18669%$5,233
Other Student Loans187%$13,468
see more grants, scholarship, student loans, and other financial aid stats

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