by our College Data Analytics TeamMost students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Morningside University can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Morningside deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Morningside University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Morningside University, 100% of new full-time first-years were awarded at least some aid around 337 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $28,397 |
| Institutional grants & scholarships | 100% | $23,829 |
| Federal Pell grants | 37% | $5,467 |
| State/local grants | 30% | $7,303 |
| Federal student loans | 69% | $5,516 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Morningside, around 96% of undergraduates were awarded grant or scholarship aid averaging $27,777 (for some 1126 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $27,777 |
| Federal Pell grants | 34% | $5,218 |
| Federal student loans | 66% | $6,687 |
Title-IV recipients living on campus saw average grant aid of $21,257.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,998 |
| $30,001 – $75,000 | $21,828 |
| Over $75,000 | $25,022 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $31,320 |
| Off-campus title-IV students | $23,169 |
To get a personalized net price estimate, try Morningside’s net price calculator: www.morningside.edu/about-morningside/consumer-information/.
The middle student in the debt distribution at Morningside owes $15,750 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,750 |
| Median federal debt (graduates only) | $26,028 |
| Typical 10-year monthly payment (graduates) | $275.94/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Morningside.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $6,500 |
| 75th percentile | $27,750 |
| 90th percentile (highest-debt students) | $32,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $11,625 |
| Middle income | $15,000 |
| High income | $18,374 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,000 |
| Continuing-generation students | $16,875 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,950 |
| Independent students | $10,036 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Morningside.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Morningside:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7285 |
| Total Stafford loan amount | $114,900,770 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $248,933 |
| Average GI Bill amount per recipient | $15,558 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $2,000 |
| Average DoD amount per recipient | $2,000 |
References
More about our data sources and methodologies.