CollegeTuitionData — College Data in Plain English

Morehead State University

Morehead, KY 40351 — Public

Value Score: 85/100 | ROI Score: 8 | Affordability Score: 90/100

Tuition (In-State): $10,024 | Out-of-State: $14,980

Acceptance Rate: 77.2% | Graduation Rate: 50.0% | Retention Rate: 65.0%

Median Earnings (10yr): $43,197 | Median Debt: $22,250

Student Body Size: 4,578 (medium)

Pell Grant Recipients: 29.5% | Federal Loan Rate: 33.5%

Average Faculty Salary: $7,788/month

Tuition & Affordability Analysis

In-state tuition at Morehead State University is $10,024 per year, which is 8% below the national average for public institutions.

Out-of-state students pay $14,980/year — a premium of $4,956 over in-state rates. Over four years, out-of-state students pay approximately $19,824 more than their in-state peers.

Estimated four-year tuition cost: $40,096 (tuition only, not including room, board, and fees).

What You Actually Pay: Net Price by Family Income

The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Morehead State University:

  • Families earning $0–$30,000: $7,150/year
  • Families earning $30,001–$48,000: $7,057/year
  • Families earning $48,001–$75,000: $8,874/year
  • Families earning $75,001–$110,000: $13,341/year
  • Families earning $110,000+: $15,164/year

Low-income families receive an average discount of $2,874/year, paying just 71% of the sticker price.

Admissions Snapshot

Morehead State University has an acceptance rate of 77.2%, placing it in the Less Selective (70–85%) category. This means roughly 1,482 students apply each year.

Graduate Outcomes & Return on Investment

50.0% of students at Morehead State University complete their degree, 19% below the national average. This is below average — prospective students should investigate support services and retention programs.

First-year retention rate: 65.0% (20% below the national average). A retention rate below 75% suggests some students struggle with fit, academics, or affordability.

Graduates of Morehead State University earn a median salary of $43,197 ten years after enrollment, 6% above the national average. This represents a $8,197/year earnings premium over the average high school diploma holder, or $245,910 in additional lifetime earnings over a 30-year career.

The median student debt at graduation is $22,250, 3% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $241/month, with a total repayment of $28,920 (including $6,670 in interest).

Debt-to-Earnings Ratio: 0.52x. This is a healthy ratio, suggesting debt is manageable for most graduates.

Breakeven Point: Based on the earnings premium over high school graduates, a degree from Morehead State University pays for itself in approximately 5 years. This is an excellent return on investment.

Financial Aid Profile

29.5% of students at Morehead State University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 10% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.

33.5% of students take federal loans, 29% below the national average. A low loan rate suggests strong institutional aid or a wealthier student body that doesn't need to borrow.

Average faculty salary: $7,788/month, 11% below the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.

Student Body & Campus Diversity

Morehead State University enrolls 4,578 undergraduate students. This mid-sized institution offers a balance between personalized attention and diverse academic offerings.

Diversity Index: 30/100 (higher = more diverse). The student body is less diverse than average.

Student body composition: White 84%, Hispanic 3%, Black 3%, Asian 1%.

Morehead State University: Balanced Academics and Low-Cost Education

Report Card: Overall Grade C-

Morehead State University receives an overall grade of C- based on six dimensions:

  • Academics: D
  • Value: D
  • Outcomes: C
  • Affordability: C+

College Analysis

Morehead State University is a Public institution in Morehead, KY with approximately 4,578 students. Academics: Morehead State University offers a balanced curriculum with a strong focus on STEM fields and teacher education. Value: The university provides a high-quality education at a relatively low cost, especially for in-state students. Outcomes: Graduates have a median earnings of $43,197 after 10 years, which is above the national average.

The Verdict: Is Morehead State University Worth It?

Morehead State University presents a compelling case for value, particularly for in-state students. With an in-state tuition of $10,024 and a median 10-year earning potential of $43,197, the return on investment (ROI) score of 8 is well-earned. The median debt of $22,250 is also relatively modest. Based on these figures, a graduate earning the median salary could potentially pay off their student loan debt within 3-4 years, assuming a reasonable portion of their income is allocated to debt repayment. Compared to the national average for public universities, MSU's tuition is competitive, and its median earnings, while not exceptionally high, are solid for the region and the types of careers its graduates typically enter. The lower cost of living in Morehead further enhances the financial value proposition. For students seeking an affordable education with a reasonable outlook for post-graduation employment in Kentucky and surrounding areas, MSU appears to be a good deal. It's not a 'hidden gem' in terms of high earning potential, but it offers a solid, financially responsible pathway to a degree and a stable career. The recommendation is clear: for students prioritizing affordability and a direct path to regional employment, Morehead State University is a worthwhile investment.

Return on Investment

The degree from Morehead State University is worth the cost, especially for in-state students, given the low tuition and strong job prospects.

Debt Reality Check

Median student debt at Morehead State University: $22,250. Monthly payment on a standard 10-year plan: $253/month. Total repaid: $30,360 ($8,110 in interest).

Breakeven vs high school diploma: 1.7 years. Debt burden: Manageable. Salary needed for comfortable repayment: $30,360.

Strengths

  • Strong focus on STEM and teacher education
  • High graduation rate
  • Low median debt

Weaknesses

  • Predominantly white student body
  • Limited international student population

Academic Profile

Retention Rate: 65.0%.

Morehead State University's academic offerings are anchored by a commitment to providing accessible, quality education, particularly strong in areas that align with regional needs and opportunities. The College of Science, Technology, Engineering, and Mathematics (STEM) is a notable strength, with programs like Engineering Technology, Cybersecurity, and Nursing consistently drawing students. The Caudill College of Arts, Humanities and Social Sciences also offers robust programs, with Education and Business Administration being popular choices. Research opportunities are available, especially for undergraduates, through faculty-led projects and programs like the Undergraduate Research and Creative Activities (URCA) program, which provides stipends for students to engage in scholarly work. While specific faculty salary data isn't readily available, the university's public status and focus on undergraduate teaching suggest a faculty dedicated to student mentorship. The student-faculty ratio, though not explicitly provided, is likely to be favorable given the university's size, allowing for more personalized attention. MSU offers an Honors Program for high-achieving students, providing enriched academic experiences, smaller class sizes, and priority registration. Study abroad opportunities are facilitated through the Office of Global Engagement, offering various programs to broaden students' perspectives. Academic support is comprehensive, with the Academic Success Center offering tutoring, academic advising, and workshops to help students navigate their coursework and develop effective study habits. Specific programs like the Bachelor of Science in Nursing and the Bachelor of Accountancy are often highlighted for their career outcomes.

Financial Aid Guide for Morehead State University

Pell Grant recipients: 29.5%. Students taking federal loans: 33.5%.

Morehead State University aims to make its education accessible through a combination of federal, state, and institutional aid. Merit-based scholarships are available for incoming freshmen based on academic achievement, such as GPA and ACT scores, though specific scholarship amounts vary widely. For instance, academic scholarships can range from a few thousand dollars to covering full tuition for exceptional candidates. Need-based aid, determined by the Free Application for Federal Student Aid (FAFSA), is crucial for many students. Pell Grants, for example, can provide significant assistance to low-income students, with award amounts fluctuating annually based on federal guidelines. Institutional grants and scholarships are also awarded based on financial need. Work-study opportunities are offered to eligible students, providing part-time employment on campus or in approved off-campus sites, allowing students to earn money to help cover educational expenses. Typical aid packages for students from families with incomes below $30,000 might include a combination of federal grants, state aid, and institutional scholarships, potentially covering a substantial portion of the $10,024 in-state tuition and fees. For those with higher incomes, merit scholarships may play a larger role. Scholarship tips include applying early, researching departmental scholarships, and highlighting leadership and community involvement on applications. Negotiating financial aid at a public university like Morehead State is generally less common and less effective than at highly selective private institutions, as aid packages are often formula-driven. However, students facing extenuating circumstances should contact the financial aid office to discuss their situation.

Hidden Costs at Morehead State University

  • Room and board costs can range from approximately $8,000 to $11,000 per academic year, depending on the chosen housing and meal plan.
  • Textbooks and course materials can add an estimated $1,000 to $1,500 per year.
  • Mandatory university fees, including technology and student activity fees, can total around $1,500 to $2,000 annually.
  • Transportation costs, especially for students commuting or traveling home, can vary significantly but budget at least $500-$1,000 per year.
  • Parking permits for students with vehicles typically cost between $100 and $200 per academic year.
  • Personal expenses, such as toiletries, entertainment, and miscellaneous items, can easily amount to $1,500 to $2,500 annually.
  • Health insurance, if not covered by a parent's plan, can add another $2,000 to $3,000 per year.

Alumni Outcomes & Career Paths

Morehead State University (MSU) graduates enter a diverse job market, with alumni finding opportunities across various sectors. While specific major employer lists are not publicly detailed, regional economic drivers suggest strong placement in healthcare, education, manufacturing, and public service. Companies like St. Claire HealthCare, Appalachian Regional Healthcare, and local school districts in Rowan, Bath, and Montgomery counties are significant employers of MSU graduates, particularly in nursing, education, and administrative roles. The manufacturing sector in Eastern Kentucky, including companies like Temp-Rite International and various smaller industrial firms, also hires MSU alumni for engineering, technical, and operational positions.

MSU's career services are actively engaged in preparing students for the workforce. They offer resume workshops, mock interviews, and career fairs, often connecting students with regional employers. Internship pipelines are crucial, with many programs requiring or strongly encouraging practical experience. Students in business, aviation, and technology fields often secure internships with companies like UPS (for aviation logistics), local accounting firms, and regional tech support providers.

Graduate school placement rates vary by program, but MSU has a solid track record for students pursuing advanced degrees in fields like education, psychology, and nursing. Notable alumni include individuals who have made significant contributions in their respective fields, though specific high-profile names are less common than at larger research institutions. Geographic hiring patterns show a strong tendency for graduates to remain in Kentucky, particularly in the Eastern and Central regions, due to strong local industry ties and community connections. However, graduates from programs like aviation and business may find opportunities in larger metropolitan areas across the U.S.

Campus Life & Culture at Morehead State University

Morehead State University's student body is predominantly composed of students from Kentucky, particularly from the eastern part of the state, fostering a strong sense of regional community. The university attracts students who value a supportive, close-knit environment and are seeking accessible educational opportunities. Students who thrive here are often those who appreciate a friendly, down-to-earth atmosphere and are eager to engage in campus life and take advantage of the university's resources.

Morehead State University, nestled in the scenic foothills of the Appalachian Mountains, offers a close-knit campus community with a distinct Appalachian charm. With a student body of around 4,500, MSU fosters an environment where students can easily connect with peers and faculty. The university is primarily a residential campus, with most freshmen living on campus in residence halls like Camden or Cooper Hall, which are known for their community-style living. As students progress, they can explore apartment-style living options in places like Hillcrest or University Place, offering more independence. Dining services are centered around the ADUC (Adron Doran University Center), providing a variety of options from traditional cafeteria-style meals to grab-and-go choices. Student organizations are a vibrant part of campus life, with over 100 clubs and organizations catering to diverse interests, from academic societies and cultural groups to recreational clubs and service organizations. The Eagle Entertainment program brings concerts, movies, and comedians to campus, adding to the social calendar. Greek life, while present with fraternities and sororities like Sigma Sigma Sigma and Lambda Chi Alpha, is not the dominant social force, allowing for a broader range of social activities. Athletics are a significant point of pride, with the Eagles competing in NCAA Division I, particularly in football and basketball, drawing enthusiastic crowds to games. The overall vibe at MSU is friendly, down-to-earth, and community-oriented, with a strong emphasis on student success and a connection to the surrounding Appalachian region. Many students are from Eastern Kentucky, creating a strong sense of regional pride and shared experience.

Campus Highlights

  • The scenic location in the Appalachian Mountains provides a beautiful natural backdrop for campus life.
  • The Kentucky Folk Art Center, located on campus, showcases and preserves the rich artistic heritage of the region.
  • MSU's strong NCAA Division I athletic programs, particularly in football and basketball, foster a spirited campus community.
  • The commitment to Appalachian studies and regional engagement offers unique academic and cultural opportunities.
  • The Adron Doran University Center (ADUC) serves as the vibrant hub for student dining, activities, and social gatherings.
  • The university's focus on hands-on learning and undergraduate research provides valuable real-world experience.

Location & Regional Advantages

Morehead, Kentucky, offers a unique regional context for Morehead State University students. The local job market is primarily driven by healthcare, education, and some manufacturing, with St. Claire HealthCare and the local school system being major employers. The cost of living in Morehead is significantly lower than the national average, making the overall financial burden of attending and graduating more manageable. This affordability extends to housing, utilities, and daily expenses, which is a considerable advantage for students managing student loan debt.

While Morehead is not directly adjacent to a major metropolitan hub, it is within a reasonable driving distance of Lexington, KY (approx. 1.5 hours), offering access to a larger job market and more diverse industries, including automotive, biosciences, and logistics. Proximity to the Daniel Boone National Forest and Cave Run Lake provides abundant opportunities for outdoor recreation, contributing to a good quality of life for those who appreciate nature and a slower pace. The weather is typical of the Appalachian region, with four distinct seasons, including warm summers and cold, snowy winters. Safety is generally good in Morehead, with a low crime rate typical of a smaller college town.

The geographic location, while offering affordability and natural beauty, can present challenges for career opportunities immediately post-graduation, especially for those seeking highly specialized or corporate roles. Graduates often find their initial career steps within the immediate region or are willing to relocate to larger cities like Lexington or even further afield for broader career advancement. The strong sense of community and the supportive environment of a smaller town are distinct advantages for students seeking a close-knit campus and local connections.

How to Get Into Morehead State University

Morehead State University employs a moderately selective admissions process, with an acceptance rate of around 77.2%. While there are no Early Decision or Early Action deadlines that offer significant advantages, applying by the priority deadline (often in February) is recommended to ensure full consideration for scholarships and housing. The admissions committee values a well-rounded application that demonstrates academic preparedness and a potential to contribute to the campus community. While specific GPA and test score ranges are not prominently published, successful applicants typically have a GPA of 2.5-3.5 and an ACT score in the 18-23 range. Strong high school coursework, including a solid foundation in English, Math, Science, and Social Studies, is important. Essays are generally not a primary focus for admission, but a well-written personal statement can help if there are any extenuating circumstances or unique aspects of your background to highlight. Demonstrated interest is not heavily weighted, but engaging with the university through campus visits, attending virtual information sessions, or connecting with admissions counselors can be beneficial. Focus on presenting a clear academic record and highlighting any extracurricular involvement or leadership roles. The timeline should involve submitting your application and all supporting documents (transcripts, ACT/SAT scores if submitted) well before the priority deadline to maximize your opportunities.

How Morehead State University Compares to Similar Schools

Similar schools: Eastern Kentucky University, Western Kentucky University, Murray State University, Appalachian State University (NC)

Advantages

  • Lower out-of-state tuition compared to some regional peers.
  • Stronger focus on specific vocational and technical programs relevant to Eastern Kentucky's economy.
  • More affordable cost of living in Morehead compared to larger university towns.

Disadvantages

  • Lower overall national recognition and brand prestige compared to larger state universities.
  • Fewer internship and job opportunities in highly specialized or cutting-edge industries directly within the immediate region.
  • Lower graduation rates suggest potential challenges with student retention or support systems compared to some competitors.

Best For

  • Students interested in highly diverse environments may find the predominantly white student body less appealing.
  • Prospective students should consider the limited international student population, which is less than 1%.

Avoid If

  • Students looking for a highly specialized program in a niche field may find Morehead State University less suitable.
  • Those seeking a larger campus with more extracurricular activities might prefer larger institutions.

Frequently Asked Questions about Morehead State University

How much does it cost to attend Morehead State University?

In-state tuition at Morehead State University is $10,024 per year, and out-of-state tuition is $14,980 per year. The median student debt at graduation is $22,250.

What is the acceptance rate at Morehead State University?

Morehead State University has an acceptance rate of 77.2%.

What is the graduation rate at Morehead State University?

Morehead State University has a graduation rate of 50.0%.

How much do Morehead State University graduates earn?

The median earnings for Morehead State University graduates 10 years after enrollment is $43,197. With median debt of $22,250, graduates earn roughly 1.9x their debt level annually.

How big is Morehead State University?

Morehead State University has approximately 4,578 students and is classified as a medium institution. It is located in Morehead, KY and is a Public institution.

Is Morehead State University worth the cost?

Morehead State University has an ROI score of 8 out of 100. With in-state tuition of $10,024 per year and median post-graduation earnings of $43,197, the data suggests the return on investment may be below average.

Where is Morehead State University located?

Morehead State University is located in Morehead, KY. It is a Public institution with approximately 4,578 students.

How much student debt do Morehead State University graduates have?

The median student debt for Morehead State University graduates is $22,250. With median earnings of $43,197 ten years after enrollment, graduates can expect a debt-to-income ratio of 52%.

Is Morehead State University a good college?

Morehead State University has a graduation rate of 50.0% and median post-graduation earnings of $43,197. In-state tuition is significantly lower than out-of-state tuition, making it more affordable.

How does Morehead State University compare to similar colleges?

The university has a high graduation rate for a medium-sized institution. Compared to peer institutions, Morehead State University offers a more affordable education with strong academic programs and good job prospects.

What career prospects do Morehead State University graduates have?

Graduates of Morehead State University are well-prepared for careers in education, technology, and related fields.

What should prospective students know about Morehead State University?

Morehead State University is well-positioned in the market for students seeking a quality education at a lower cost.

What makes Morehead State University stand out?

More than 80% of students are white, indicating a predominantly homogeneous student body.

What are the pros and cons of attending Morehead State University?

The median debt of $22,250 is relatively low compared to peer institutions.

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Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.