Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $10,546 and the average loan amount is $5,611. The average financial aid amount is 52.99% of tuition & fees (tuition & fees: $19,900).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid74 100%$780,380$10,546
Pell Grants31 42%$155,312$5,010
Federal Students Loans54 73%$302,998$5,611

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), 29 students have received one or more types of financial aid at Morrison Institute of Technology.
The average amount of federal, state, local or institutional grant aid is $14,477 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,751.
The following table shows the financial data by type of aid at Morrison Institute of Technology.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid29100%--
Grant or scholarship aid29 100%$419,820$14,477
Federal Grants29 100%$247,950$8,550
Pell Grants10 34%$60,650$6,065
Other Federal Grants29 100%$187,300$6,459
State/Local Grants11 38%$58,310$5,301
Institutional Grants28 97%$113,560$4,056
Student Loans19 66%$128,274$6,751
Federal Student Loans19 66%$109,741$5,776
Other Student Loans2 7%$18,533$9,267