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Sunday, November 24, 2024

Cost of college went up for all students at Morgan State University

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In-state tuition and fees rose 1.7 percent for 2017-18 at Morgan State University, according to the latest disclosure from the U.S. Department of Education.

Maryland residents paid $7,766 to attend the four-year public institution this year $130 more than the $7,636 charged for 2016-17.

Non-residents paid 129.6 percent more than residents this year, or $17,832. Their price tag grew 1.9 percent from $17,504 in 2016-17.

About 60 percent of the school's undergraduate population are Maryland residents. About 22 percent are residents of other states and 18 percent are citizens of other countries.

Data shows 89 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 904 students received grants or scholarships totaling $7.44 million and 871 students took out student loans totaling more than $5.91 million.

Including all undergraduates, 4,962 students used grants or scholarships totaling $38.08 million. Another 4,571 took out $33.49 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
In-state
~4,613
$7,378
$7,508
$7,636
$7,766
5.3%
Out-of-state
~1,692
$16,862
$17,182
$17,504
$17,832
5.8%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Morgan State University in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
667
58%
$3,664,013
$5,493
State / local grant or scholarship
315
27%
$1,004,303
$3,188
Institutional grants or scholarships
551
48%
$2,773,503
$5,034
Grant or scholarship aid total
904
78%
$7,441,819
$8,232
Federal student loans
866
75%
$5,286,967
$6,105
Other student loans
49
4%
$627,333
$12,803
Student loan aid
871
75%
$5,914,300
$6,790
Total student aid
1,036
89%

Editor's note: A previous version of this story incorrectly described the cost of attendance, which includes both tuition and fees.

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