All Undergraduate Financial Aid

At United States Merchant Marine Academy, 117 undergraduate students (12% of total 1,006 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $4,362.
Financial Aid Statistics (All Undergraduate Students) - USMMA
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship11712% $510,395$4,362
Pell Grants788% $397,236$5,093
Federal Student Loan616% $225,457$3,696

Beginning Undergraduate Students (Freshmen) Financial Aid

63 beginning undergraduate students (28% of total 229 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at United States Merchant Marine Academy. The average amount of aid received is $4,489.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - USMMA
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid6328% --
Grants or Scholarships2511%$112,229$4,489
Federal Grants2511%$112,229$4,489
Pell Grants2511%$112,229$4,489
Other Federal Grants----
State/Local Grants----
Institutional Grants----
Student Loan Aid2712%$116,647$4,320
Federal Student Loans2712%$116,647$4,320
Other Student Loans----

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at United States Merchant Marine Academy. 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.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level3925$112,229$2,878
0-30,0001313$71,228$5,479
30,001-48,00088$30,151$3,769
48,001-75,00032$8,190$2,730
75,001-110,00052$2,660$532
110,001 or more10---
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