For the academic year 2022-2023, total 374 full-time, first-time students (91% 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 2,405 students (62% of all students) received grants or scholarships and the average grant amount is $6,674. In addition, 48 students received student loans and the average loan amount is $5,417.
Below tables show the number and amount by source of financial aid at Morton College.
For all undergraduate students, total 2,405 students (62% of all students) received grants or scholarships and the average grant amount is $6,674. In addition, 48 students received student loans and the average loan amount is $5,417.
Below tables show the number and amount by source of financial aid at Morton College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,405 | 62% | $6,674 |
| Pell Grants | 1,461 | 38% | $6,423 |
| Federal Student Loans | 48 | 1% | $5,417 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 374 | 91% | - |
| Grants or Scholarship from All Sources | 374 | 91% | $7,796 |
| Federal Grants | 367 | 90% | $6,166 |
| Pell Grants | 228 | 56% | $5,628 |
| Other Federal Grants | 362 | 88% | $2,706 |
| State/Local Grants | 210 | 51% | $1,376 |
| Institutional Grants | 96 | 23% | $3,792 |
| Student Loans | 6 | 1% | $3,292 |
| Federal Student Loans | 6 | 1% | $3,292 |
| Other Student Loans | 0 | 0% | $0 |
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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