Number Received Financial Aid (All Undergraduate)
809
Percent Received Financial Aid(All Undergraduate)
99%
Average Aid Amount
$22,602
Number Received Financial Aid (Freshmen)
250
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at McPherson
For the academic year 2023-2024, a total of 809 students (99% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $22,602. For freshmen (Full-time, first-time degree-seeking undergraduate students), 250 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at McPherson College is $37,146, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 809 students (99% of all students) have received grants or scholarships and the average received aid amount is $22,602. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at McPherson College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 809 | 99% | $22,602 |
| Pell Grants | 274 | 34% | $4,944 |
| Federal Student Loans | 518 | 64% | $6,413 |
Beginning Students Financial Aid
a total of 250 beginning students (100% of all freshmen) have received any financial aid and 250 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at McPherson College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 250 | 100% | - |
| Grants or Scholarship from All Sources | 250 | 100% | $22,929 |
| Federal Grants | 99 | 40% | $5,322 |
| Pell Grants | 99 | 40% | $4,984 |
| Other Federal Grants | 99 | 40% | $338 |
| State/Local Grants | 44 | 18% | $5,286 |
| Institutional Grants | 250 | 100% | $19,891 |
| Student Loans | 159 | 64% | $6,690 |
| Federal Student Loans | 159 | 64% | $5,278 |
| Other Student Loans | 17 | 7% | $13,208 |
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