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McPherson Financial Aid

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Number Received Financial Aid (All Undergraduate) 819
Percent Received Financial Aid(All Undergraduate) 99%
Average Aid Amount $21,522
Number Received Financial Aid (Freshmen) 271
Percent Received Financial Aid (Freshmen) 100%

Financial Aid Information at McPherson

For the academic year 2021-2022, a total of 819 students (99% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $21,522. For freshmen (Full-time, first-time degree-seeking undergraduate students), 271 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at McPherson College is $35,162, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 819 students (99% of all students) have received grants or scholarships and the average received aid amount is $21,522. 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.
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 Financial Aid

a total of 271 beginning students (100% of all freshmen) have received any financial aid and 271 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.
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
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