The website “Student Loan Report” has named Morningside College as one of the top 250 private U.S. colleges that award the most scholarship money to students.

The website “Student Loan Report” (www.studentloans.net) has named Morningside College as one of the top 250 private U.S. colleges that award the most scholarship money to students.

The website ranked Morningside at number 92 on its list of private colleges where students receive the most scholarships. The ranking is based on information from Peterson’s Financial Aid Data, a comprehensive source of information about college-administered financial aid sources for undergraduate students. During the 2015-16 academic year, Morningside awarded more than $18 million in scholarships and grants to its undergraduate students. 

“Scholarships are extremely important for students who wish to avoid student loans, which can cause problems for students down the road,” said Drew Cloud, the website’s founder and editor. “The fact that scholarship winners at Morningside College are earning so much is a testament to the school environment as well as proactivity of its student body.”