3,484 students (72% of total 4,853 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Salem State University (Salem State). The average amount of the aid awarded is $10,493.
For the first-time, full-time beginning students (freshmen), 98% of total 793 enrolled students have received any kind of financial aid and its average amount of aid received is $10,319.
At Salem State University, 3,484 undergraduate students (72% of total 4,853 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $10,493.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 3,484 | 72% | $36,558,280 | $10,493 |
| Pell Grants | 1,717 | 35% | $9,409,556 | $5,480 |
| Federal Student Loan | 2,383 | 49% | $14,929,410 | $6,265 |
780 beginning undergraduate students (98% of total 793 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Salem State University. The average amount of aid received is $10,319.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 780 | 98% | - | - |
| Grants or Scholarships | 778 | 98% | $8,028,235 | $10,319 |
| Federal Grants | 381 | 48% | $2,296,835 | $6,028 |
| Pell Grants | 381 | 48% | $2,199,360 | $5,773 |
| Other Federal Grants | 192 | 24% | $97,475 | $508 |
| State/Local Grants | 484 | 61% | $2,759,930 | $5,702 |
| Institutional Grants | 775 | 98% | $2,971,470 | $3,834 |
| Student Loan Aid | 458 | 58% | $3,556,385 | $7,765 |
| Federal Student Loans | 456 | 58% | $2,283,412 | $5,007 |
| Other Student Loans | 79 | 10% | $1,272,973 | $16,114 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at Salem State University.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 659 | 659 | $6,045,677 | $9,174 |
| 0-30,000 | 186 | 186 | $2,646,983 | $14,231 |
| 30,001-48,000 | 95 | 95 | $1,222,427 | $12,868 |
| 48,001-75,000 | 106 | 106 | $1,049,725 | $9,903 |
| 75,001-110,000 | 98 | 98 | $609,287 | $6,217 |
| 110,001 or more | 174 | 174 | $517,255 | $2,973 |
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