Morgan State University prices its education accessibly across income levels, with meaningful variation by family financial situation. Low-income families pay approximately $9,585 per year in net price, middle-income families see annual costs around $16,147, and higher-income families pay closer to $21,323.
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Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
| Cost Category | Amount |
|---|---|
| Total Cost of Attendance (Sticker Price) | $25,413 |
| Tuition and Fees | $19,124 |
| Room and Board | $13,320 |
| Books and Supplies | $2,000 |
| Average Financial Aid (Grants and Scholarships) | -$10,428 |
| Average Net Price (What Families Pay) | $14,985 |
| Family Income | Net Price |
|---|---|
| $0–30k | $9,585 |
| $30–48k | $13,420 |
| $48–75k | $16,147 |
| $75–110k | $19,981 |
| $110k+ | $21,323 |
Morgan State University prices its education accessibly across income levels, with meaningful variation by family financial situation. Low-income families pay approximately $9,585 per year in net price, middle-income families see annual costs around $16,147, and higher-income families pay closer to $21,323. Azimuth ranks Morgan State University #590 for post-graduation affordability among nonprofit four-year institutions. That positioning reflects Morgan State's public-tuition structure and its commitment to serving a student body where need-based aid plays a central role in making attendance possible. Need-based aid covers a meaningful share of costs for most students, and the gap between Morgan State's published cost of attendance and what families actually pay is substantial for lower-income households. The net price illusion is real here — sticker price and net price tell meaningfully different stories depending on family income. Families comparing institutions should anchor on the net price figures by income band rather than the headline cost of attendance of $25,413, which reflects the full published rate before aid is applied. Median federal student loan debt at graduation is $27,250, and families using Parent PLUS borrow a median of $22,000; private or institutional loans may add further borrowing that falls outside these federal-only figures — see the for how household context shapes PLUS decisions. For a graduate at the institution's median four-year earnings of $62,308, median federal debt of $27,250 projects to a monthly payment of about $308 under standard ten-year repayment. For personalized projections across earnings scenarios — including Parent PLUS planning — use .
How much students borrow and whether debt is manageable given outcomes.
Debt-to-earnings data not available.
How cost compares to graduate earnings and value added.
Graduates of Morgan State University earn median earnings of $62,308 four years after enrollment, placing Morgan State University in the 57.4 percentile for median earnings four years after enrollment among nonprofit four-year institutions. That figure sits below the $56,249 median at comparable institutions (same control and size band). Graduates earn about $5,142 more than similar students at comparable institutions, placing the institution in the 76.7 percentile for earnings beyond expectations among nonprofit four-year institutions. Those figures still represent lifetime returns relative to MD's no-degree-equivalent earnings baseline of $35,051 — the state median earnings of working adults in their late twenties and early thirties with only a high school credential. Electrical, Electronics, and Communications Engineering combines substantial enrollment with competitive pay, making it a central part of Morgan State University's degree output. Business is the dominant program family, accounting for 18% of graduates, followed by Engineering at 15% and Social Sciences at 6%. Among the highest-earning programs, Azimuth ranks General Studies #59 for median earnings four years after enrollment among nonprofit four-year institutions , with 77 graduates earning median earnings of $58,788. Azimuth ranks Electrical, Electronics, and Communications Engineering #63 for median earnings four years after enrollment among nonprofit four-year institutions, with 73 graduates earning median earnings of $98,640. The Business Administration program graduates 71 students annually with median earnings of $61,527, and Azimuth ranks the program #274 for median earnings four years after enrollment among nonprofit four-year institutions.
