For the academic year 2022-2023, total 728 full-time, first-time students (99% 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 3,493 students (95% of all students) received grants or scholarships and the average grant amount is $13,234. In addition, 2,429 students received student loans and the average loan amount is $8,939.
Below tables show the number and amount by source of financial aid at MCPHS University.
For all undergraduate students, total 3,493 students (95% of all students) received grants or scholarships and the average grant amount is $13,234. In addition, 2,429 students received student loans and the average loan amount is $8,939.
Below tables show the number and amount by source of financial aid at MCPHS University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 3,493 | 95% | $13,234 |
| Pell Grants | 1,016 | 28% | $5,239 |
| Federal Student Loans | 2,429 | 66% | $8,939 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 728 | 99% | - |
| Grants or Scholarship from All Sources | 728 | 99% | $18,093 |
| Federal Grants | 294 | 40% | $6,115 |
| Pell Grants | 294 | 40% | $5,490 |
| Other Federal Grants | 206 | 28% | $892 |
| State/Local Grants | 226 | 31% | $2,111 |
| Institutional Grants | 728 | 99% | $14,968 |
| Student Loans | 545 | 74% | $14,362 |
| Federal Student Loans | 533 | 73% | $5,731 |
| Other Student Loans | 268 | 37% | $17,810 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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