Applying For Financial Aid
Applying For Financial Aid
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Email
finaid@morgan.edu
Net Price Calculator
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Application Process
Application Deadline
April 1
Award Notification
On a rolling basis beginning February 1
High School Program
College preparatory program is not required
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 002083 Free
Profile of 2024-25 Financial Aid
Profile of 2024-25 Financial Aid
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Freshman
Financial Aid Applicants
2,276 (96.1%) of freshmen
Found to Have Financial Need
2,076 (91.2%) of applicants
Received Financial Aid
2,076 (100.0%) of applicants with financial need
Need Fully Met
105 (5.1%) of aid recipients
Average Percent of Need Met
52%
Average Award
$15,079
Need-Based Gift
Received by 2,041 (98.3%) of aid recipients, average amount $12,008
Need-Based Self-Help
Received by 1,549 (74.6%) of aid recipients, average amount $4,974
Merit-Based Gift
Received by 275 (13.2%) of aid recipients
44 (1.9%) of freshmen had no financial need and received merit aid, average amount $10,418
All Undergraduates
Financial Aid Applicants
7,651 (91.3%) of undergraduates
Found to Have Financial Need
6,902 (90.2%) of applicants
Received Financial Aid
6,902 (100.0%) of applicants with financial need
Need Fully Met
359 (5.2%) of aid recipients
Average Percent of Need Met
62%
Average Award
$15,069
Need-Based Gift
Received by 6,557 (95.0%) of aid recipients, average amount $10,813
Need-Based Self-Help
Received by 5,088 (73.7%) of aid recipients, average amount $5,714
Merit-Based Gift
Received by 920 (13.3%) of aid recipients
186(2.2%)of undergraduates had no financial need and received merit aid,average amount $8,836
All Undergraduates
2024 Graduates Who Took Out Loans
80%
Average Indebtedness of 2024 Graduates
$27,905
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Federal Perkins Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
Creative arts/performance scholarships
Non-Need Awards
Academic Interest/Achievement Award Areas
Architecture
Area/Ethnic Studies
Biological Sciences
Business
Communication
Computer Science
Education
Engineering/Technologies
English
Foreign Languages
Health Fields
Home Economics
Humanities
International Studies
Mathematics
Military Science
Physical Sciences
Premedicine
Social Sciences
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Applied Art and Design
Art/Fine Arts
Cinema/Film/Broadcasting
Creative Writing
Dance
Debating
Journalism/Publications
Music
Performing Arts
Theater/Drama
Number of Awards
113
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Special Characteristics Award Areas
Adult Students
Children of Faculty/Staff
First-Generation College Students
International Students
Local/State Students
Out-of-State Students
Veterans
Veterans' Children
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
$2,819
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2024-25 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2026 Peterson's LLC. All rights reserved.