Financial Aid at Mount Marty
Financial Aid Amount Received
$23,972 (72.42% of tuition)
Percent of Financial Aid Received
53% of 1,080 students
560 undergraduate students (53% of all students) have received grants, scholarships, and/or federal student loans at Mount Marty University. The percentage of students who received financial aid lower compared to Private (not-for-profit), 4-Years Colleges in South Dakota.
Compared to similar schools in rankings such as Black Hills State University and Northern State University, the percentage of students who received financial aid is average (the average of the schools is 52.00%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $23,972 and the average loan amount is $6,838. The average financial aid amount is 72.42% of tuition & fees (tuition & fees: $33,100).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 560 | 53% | $13,424,583 | $23,972 |
| Pell Grants | 190 | 18% | $862,406 | $4,539 |
| Federal Students Loans | 373 | 35% | $2,550,728 | $6,838 |
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), 173 students have received one or more types of financial aid at Mount Marty University.
The average amount of federal, state, local or institutional grant aid is $23,877 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,129.
The following table shows the financial data by type of aid at Mount Marty University.
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 | 174 | 100% | - | - |
| Grant or scholarship aid | 173 | 99% | $4,130,636 | $23,877 |
| Federal Grants | 171 | 98% | $534,293 | $3,125 |
| Pell Grants | 51 | 29% | $239,041 | $4,687 |
| Other Federal Grants | 171 | 98% | $295,252 | $1,727 |
| State/Local Grants | 18 | 10% | $32,567 | $1,809 |
| Institutional Grants | 173 | 99% | $3,563,776 | $20,600 |
| Student Loans | 127 | 73% | $778,419 | $6,129 |
| Federal Student Loans | 125 | 72% | $659,237 | $5,274 |
| Other Student Loans | 11 | 6% | $119,182 | $10,835 |