Payback
EarningsPlus
Economic score
Morehead State University is a public regional university located in Morehead, Kentucky. Morehead State University is very inclusive in their admissions.
Return on educational investment at Morehead State University is in the bottom 50% of all ranked schools. The median student earns $37,486 10 years after enrolling, 22nd in Kentucky, and in the bottom 25% nationally. When adjusted for earning differences by major, Morehead State University bachelor students earn 8% less than the national average. Morehead State University is ranked 14th in Kentucky.
Morehead State University’s median net annual cost of $12,096 and average years to graduate of 4.7 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Morehead State University sorted by number of graduates - Liberal Arts and Sciences, Biology, Registered Nursing, Education, Health & Fitness, Social Work - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$12,096
Average years to graduate
4.7
Diagnostic, Intervention & Treatment
Rank: #23
Economic score: 1.69
Business and Commerce
Rank: #74
Economic score: 3.87
Accounting
Rank: #419
Economic score: 3.88
Special Education
Rank: #111
Economic score: 6.92
Business Administration
Rank: #757
Economic score: 7.76
Advertising & PR
Rank: #115
Economic score: 8.24
Sociology
Rank: #261
Economic score: 8.88
Comms & Media Studies
Rank: #440
Economic score: 14.01
Music
Rank: #96
Economic score: 15.26
Psychology
Rank: #667
Economic score: 16.89
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 6 graduate programs at Morehead State University - Business and Commerce, Education, Student Counseling, Education, Education (subject specific), English Language & Lit - are shown below. To see more programs, click on "see additional programs".
Educational media design
Rank: #44
Economic score: 0.62
The average full-time graduate completes their degree in 4.7 years. 49% of all students graduate within 8 years including part-time students. The graduation rate at Morehead State University is 3% lower than the state average, and 9% below the average for all regional universities in the country.
At Morehead State University, Pell Grant recipients represent 33% of the measured graduating class, 2% lower than the national average of 35%. The average Pell Grant recipient at Morehead State University graduates within 4.8 years.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Morehead State University’s economic mobility score of 10.87 is calculated by adjusting the 5.15 economic score of lower-income students by the 33% pell grant recipients within the student body. Morehead State University’s EMS of 10.87 ranks in the bottom 50% nationally. Please note that the economic mobility score considers only students that have graduated.
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 50%
The average Title IV recipient at Morehead State University pays $12,096 a year, $10,836 less than the $22,932 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $12,096
Much of the gap between net price and sticker price is filled by institutional and government grants. At Morehead State University, 97% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $12,096 on average to be covered by the student – be it through loans or out of pocket. In total, 56% of students take out loans, federal or private, at an average amount of $5,742. This is 2% more than the national average.
Federal grants
$4,964
Pell grants
$4,767
State grants
$3,003
Institutional grants
$5,751
Morehead State University offers 4 online bachelor programs, one of which is held exclusively online. At the master’s level Morehead State University offers 14 programs, 9 of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
18
Hybrid programs
8
Percentage of programs online
23%
Morehead State University's very inclusive admissions are indicated by their 90% acceptance rate. In 2021, the school had 6,922 applicants, of which 6,218 were admitted and 1,184 enrolled. Morehead State University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
While Morehead State University has a recommended testing policy, their average test scores are not made public.
Full time
88%
83%
Female
62%
59%
First time
70%
59%
In-state
85%
68%
1st generation
41%
35%
White
89%
52%
Black
4%
14%
Hispanic
2%
15%
Asian
N/A
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
5%
12%