Morehead State University
Public College in Morehead, KY. Six-year graduation rate 54%. Median 10-year earnings $43,197.
Students who entered Morehead State University land at a median of $43,197 a decade later, close to what most four-year schools deliver. 54% finish within six years — respectable, though a meaningful share still leave without a credential. Debt at graduation runs to a median of $22,250, neither a bargain nor a burden.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
77% of applicants get in, so the odds favor most reasonably prepared students. 9,134 applications came in, enough to make the rates below reasonably stable year to year. A 18% yield rate is low: the admitted pool is much larger than the entering class.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | — | 1 (1%) |
IPEDS Admissions · 2024
Apply at Morehead State University →Academics
Six-year completion sits at 54%, meaning about one in two students who enroll leave without finishing. Retention of 65% means a meaningful slice of each entering class does not return. A 16:1 ratio is unremarkable; expect a mix of lecture halls and seminars. Judge these figures against other institutions of the same type — sector explains more of the variation in completion than any single campus factor. The undergraduate population is 8,058 — big enough for a real range of programs, small enough to navigate.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 4,689 degree- or certificate-seeking undergraduates
Average net price is $9,630 a year after grant aid — low for a four-year institution, though your own figure depends on aid eligibility. Net price swings hard on family income here, from $7,150 at the $0–30k band to $15,164 at $110k+. Grant aid is widespread — 92% of students receive it, averaging $12,029. Most students borrow — 58% take federal loans to cover the gap.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 1,218 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $7,150 |
| $30–48k | $7,057 |
| $48–75k | $8,874 |
| $75–110k | $13,341 |
| $110k+ | $15,164 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 2,699 of these 4,689 students, totalling $14,983,015 — an average of $5,551 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Rowan County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)