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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Massachusetts Maritime Academy since 2011.
For that period, the average number of students who received grants aid/scholarships is 810, which is 53.82 % of all undergraduate students. 1,092 students which is 72.18% of undergraduate students received federal student loans and the average loan amount is $6,029.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12604 (47%)$6,357228 (18%)$4,188938 (73%)$6,056
2012-13836 (64%)$5,796244 (19%)$4,056979 (75%)$6,191
2013-14722 (52%)$7,833261 (19%)$4,1051,056 (77%)$6,081
2014-15734 (52%)$8,925262 (19%)$4,0311,078 (77%)$6,051
2015-16857 (55%)$7,384272 (17%)$3,8831,189 (76%)$5,486
2016-17798 (48%)$6,950258 (15%)$4,2061,268 (76%)$5,709
2017-18763 (45%)$9,345278 (16%)$4,2081,261 (75%)$5,486
2018-19794 (46%)$10,928291 (17%)$4,2571,300 (76%)$5,510
2019-20730 (43%)$12,903277 (16%)$4,270851 (50%)$8,242
2020-21659 (43%)$16,173278 (18%)$4,2641,183 (77%)$4,938
2021-221,415 (97%)$8,200244 (17%)$5,039910 (62%)$6,569
Average810 (53.82%)$9,163263 (17.36%)$4,2281,092 (72.18%)$6,029

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 214 (61.27 % of students) received grants or scholarships and its average amount is $10,806. It can cover 45.19% of tuition & fees ($23,910) based on out-of-state rate.
In addition, 309 (87.64 % of students) students get helped from the students loans (average amount : $8,774).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12127 (46%)$7,231234 (84%)$8,102
2012-13161 (53%)$9,160260 (86%)$7,774
2013-14182 (55%)$9,236302 (91%)$8,005
2014-15199 (62%)$9,876286 (89%)$8,087
2015-16228 (59%)$10,530345 (90%)$7,687
2016-17205 (51%)$10,571363 (90%)$8,611
2017-18174 (44%)$11,129354 (90%)$8,961
2018-19210 (53%)$11,675365 (91%)$8,520
2019-20291 (72%)$13,798369 (91%)$10,737
2020-21262 (80%)$13,851295 (90%)$9,176
2021-22318 (99%)$11,804231 (72%)$10,859
Average214 (61.27%)$10,806309 (87.64%)$8,774
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 62 (17.82 % of students) received Pell (federal) grants and its average amount is $4,170.
In addition, 98 students received State/local government grants/scholarships (27.73 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1247 (17%)$4,01040 (14%)$73067 (24%)$1,864125 (45%)$4,606
2012-1356 (19%)$3,91745 (15%)$71680 (26%)$2,217159 (53%)$6,578
2013-1457 (17%)$3,83848 (14%)$78994 (28%)$2,424181 (55%)$6,611
2014-1557 (18%)$3,88853 (17%)$717103 (32%)$2,825196 (61%)$7,218
2015-1668 (18%)$3,66860 (16%)$703112 (29%)$2,732228 (59%)$7,909
2016-1764 (16%)$4,47348 (12%)$91499 (25%)$2,674195 (49%)$8,063
2017-1863 (16%)$4,28353 (14%)$77099 (25%)$2,299144 (37%)$9,709
2018-1972 (18%)$4,36557 (14%)$567117 (29%)$2,478171 (43%)$10,615
2019-2074 (18%)$4,25660 (15%)$978114 (28%)$2,231291 (72%)$11,640
2020-2171 (22%)$4,64157 (17%)$1,081118 (36%)$2,896256 (78%)$11,313
2021-2255 (17%)$4,527316 (99%)$1,49573 (23%)$3,294288 (90%)$9,694
Average62 (17.82%)$4,17076 (22.45%)$86098 (27.73%)$2,539203 (58.36%)$8,541
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 309 (87.64 % of students) get any students loan help and its average loan amount is $309.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12234 (84%)$8,102233 (84%)$5,74444 (16%)$12,674
2012-13260 (86%)$7,774260 (86%)$5,67238 (13%)$14,387
2013-14302 (91%)$8,005302 (91%)$5,66053 (16%)$13,363
2014-15286 (89%)$8,087285 (89%)$5,58953 (17%)$13,586
2015-16345 (90%)$7,687344 (89%)$5,44547 (12%)$16,577
2016-17363 (90%)$8,611363 (90%)$5,49481 (20%)$13,969
2017-18354 (90%)$8,961353 (90%)$5,42492 (23%)$13,668
2018-19365 (91%)$8,520362 (91%)$5,46774 (19%)$15,280
2019-20369 (91%)$10,737368 (91%)$5,604104 (26%)$18,265
2020-21295 (90%)$9,176293 (90%)$5,53559 (18%)$18,389
2021-22231 (72%)$10,859227 (71%)$5,36760 (19%)$21,502
Average309 (87.64%)$8,774308 (87.45%)$5,54664 (18.09%)$15,605

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