McNeese State University Financial Aid & Student Loans 2026:

McNeese State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$36.799M

Financial Aid Official Website

www.mcneese.edu/finaid

It is interesting to note that, every year, around 99% of students at MSU receive some kind of financial aid, while the total amount of assistance/loans provided is $15,859,875. One can visit MSU's financial aid page at http://www.mcneese.edu/finaid for more information. Notably, a total of 42% of the applicants to McNeese State University receive the Federal Grant every year. On the other hand, 94% of the candidates get the Student Grant, 52% receive the Institution Grant, and 42% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,853, while the same comes to $4,688 for State Grant receivers and $4,138 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,675. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At McNeese State University, the percentage of candidates who opt to avail of student loans is around 42%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

73%

Institution Grant Aid

63%

Pell Grant

33%

Average Aid Awarded

Federal Grant Aid

$4,892

State Grant Aid

$4,698

Institution Grant Aid

$3,640

Pell Grant

$4,777

Financial aid are received by the students in various different forms. To get an overview about the amount received through each type of financial aid and the percentage of the students receiving it. The breakdown of the financial aid is as follows:

An average amount of $4,892 if received in the form of Federal Grant and about 33% of the students are benfited.
The students receiving financial aid in the form of Pell Grants are 33% and the average aid amount received by the student is $4,777.
About 73% of the students are receiving State Grant and the student can expect an average aid amount of $4,698.
University also provides instiutional grants and are provided to 63% of the students with an average aid amount of $3,640.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,476

$30,001 - $48,000

$3,720

$48,001 - $75,000

$3,721

$75,001 - $110,000

$3,474

Over $110,000

$3,074

Federal Aid are also provided by considering the family contrbution in the university educational cost. As the income bracket will contribute less amount so they require more financial aid. So depending upon the contribution of the family in education cost the federal aid is granted. The breakage of federal aid based on family income is:

For the income less than $30,000 the average grant granted is about $8,476 whereas for the family earning between $30,001 to $48,000, the average received is $3,720.

When the income rises to $48,001 to $75,000, the federal aid amount stands at $3,721 whereas the average aid amount decreases to $3,474 for those who are earning between $75,001 to $110,000. Aid amount is received minimum for the income more than $110,000 which is $3,074.

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McNeese State University Financial Aid and Scholarships 2026

McNeese State University Financial Aid and Scholarships

Financial Aid Breakdown

Federal Aid based on Family Income

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McNeese State University Financial Aid and Scholarships

Financial Aid Breakdown

Federal Aid based on Family Income

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