Financial Aid at Marion Military Institute

Financial Aid Amount Received

$7,284 (46.88% of tuition)

Percent of Financial Aid Received

95% of 320 students

379 undergraduate students (95% of all students) have received grants, scholarships, and/or federal student loans at Marion Military Institute. The percentage of students who received financial aid much higher compared to Public, 2-4 Years Colleges in Alabama.

Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $7,284 and the average loan amount is $5,136. The average financial aid amount is 46.88% of tuition & fees based on out-of-state rate (tuition & fees: $15,538).

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or scholarship aid	379	95%	$2,760,608	$7,284
Pell Grants	143	36%	$723,429	$5,059
Federal Students Loans	146	36%	$749,809	$5,136

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 248 students have received one or more types of financial aid at Marion Military Institute.

The average amount of federal, state, local or institutional grant aid is $7,860 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,405.

The following table shows the financial data by type of aid at Marion Military Institute.

First-time Undergraduate Financial Aid by Type

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	248	97%	-	-
Grant or scholarship aid	248	97%	$1,949,283	$7,860
Federal Grants	88	35%	$468,636	$5,325
Pell Grants	87	34%	$452,338	$5,199
Other Federal Grants	20	8%	$16,298	$815
State/Local Grants	4	2%	$26,568	$6,642
Institutional Grants	203	80%	$1,454,079	$7,163
Student Loans	88	35%	$475,627	$5,405
Federal Student Loans	86	34%	$433,673	$5,043
Other Student Loans	5	2%	$41,954	$8,391

Financial Aid by Income Level

The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Marion Military Institute.

Income Level	# of Students	# of Students Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
All Income Level	-	-	$366,185	$6,539
0 - $30,000	18	18	$152,770	$8,487
$30,001 - $48,000	12	12	$82,706	$6,892
$48,001 - $75,000	10	10	$66,361	$6,636
$75,001 - $110,000	9	9	$32,937	$3,660
$110,001 - more	7	7	$31,411	$4,487

Paid Tuition Rates by Residency

At Marion Military Institute, for the first-time/full-time students, 92 students have paid in-state rate of tuition and 163 students have paid out-of-state tuition rate.

	# of Students
In-District Rate	0
In-State Rate	92
Out-of-State Rate	163
Un-known	0

Number of Students by Living Arrangement (Freshmen)

At Marion Military Institute, 87 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 0 students live off-campus.