
YOUR GUIDE TO FINANCIAL AID
Morningside is deeply committed to making education accessible and affordable, hence we offer a variety of financial aid options, including scholarships, grants, work-study opportunities, and loans, to help students invest in their futures without undue financial burden.

WHEN DO YOU PLAN TO ENROLL?
Fall 2024
Learn about scholarships for High School students planning to enroll in Fall 2024.
Spring 2024
Learn about scholarships for students planning to enroll in the Spring of 2024.
KEEPING IT AFFORDABLE
24k
average minimum award
16k
state and federal resources available
100%
of students receive financial aid
OUR COMMITMENT TO YOU
ACCESS TO MSIDE
Access to Mside is our commitment to help streamline paying for college. All new full-time undergraduate students for 2024-2025 will be guaranteed a minimum award package. These packages include all grants and scholarships available through Morningside, as well as federal and state assistance. See the flyer below for details. *Please note this offer is not available for online or transfer students.

FEDERAL & STATE AID + INSTITUTIONAL LOANS
Grants are one of the best kinds of aid because they don’t need to be paid back. They are awarded for one year at a time and can be renewed. Here are a few examples of federal and state grants:
- Federal Pell Grant
- Federal SEOG Grant
- Federal Teach Grant
- Iowa Tuition Grant
- Iowa National Guard
- Federal Iraq and Afghanistan Service Grant
- All Iowa Opportunity Scholarship
- Karen Misjak GEAR Up Iowa Scholarship
- Education and Training Voucher (ETV)
- Future Ready Iowa Grant
- Vocational Rehabilitation Grant
- STEM Community Scholars Grant
Federal loans have to be paid back, but are fixed at a low interest rate. Some loans accrue interest while you’re in school (unsubsidized), while others don’t (subsidized). Some examples of federal loans include:
The government funds an opportunity for you to earn money and gain experience working on campus. You must be eligible for need-based financial aid to qualify for federal work study. A typical Morningside work study award is $2,000 per year. The dollars earned through work study employment will not impact your FAFSA the following year. If you don’t qualify for work study, it is possible to get an on-campus job paid through campus payroll. Contact Student Financial Planning for more information at finaid@morningside.edu or 712-274-5159.
Private Loan Options
McElroy-Morningside Private Student Loan
- Must be a U.S. Citizen.
- Must be enrolled full-time and eligible for a Morningside scholarship.
- Interest rate is fixed at 5%.
- A cosigner is required.
- Annual loan limit: Usually $3,000 (varies based on funding availability).
- Cumulative Loan Limit: $12,000
- Interest and repayment begin 6 months after student is enrolled less than half time.
- Repayment term: Up to 10 years.
Contact Student Financial Planning for more information at finaid@morningsidde.edu or 712-274-5159.
Contact Us
Questions? We’d love to help. Contact us today.
Morningside University
Office of Student Financial Planning
1501 Morningside Avenue
Sioux City, IA 51106
