Number Received Financial Aid (All Undergraduate)
319
Percent Received Financial Aid(All Undergraduate)
88%
Average Aid Amount
$24,070
Number Received Financial Aid (Freshmen)
89
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Salem
For the academic year 2023-2024, a total of 319 students (88% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $24,070. For freshmen (Full-time, first-time degree-seeking undergraduate students), 89 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Salem College is $33,848, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 319 students (88% of all students) have received grants or scholarships and the average received aid amount is $24,070. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Salem College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 319 | 88% | $24,070 |
| Pell Grants | 177 | 49% | $5,523 |
| Federal Student Loans | 180 | 50% | $5,970 |
Beginning Students Financial Aid
a total of 89 beginning students (100% of all freshmen) have received any financial aid and 89 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Salem College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 89 | 100% | - |
| Grants or Scholarship from All Sources | 89 | 100% | $28,860 |
| Federal Grants | 51 | 57% | $6,196 |
| Pell Grants | 51 | 57% | $5,585 |
| Other Federal Grants | 11 | 12% | $2,832 |
| State/Local Grants | 50 | 56% | $6,407 |
| Institutional Grants | 88 | 99% | $21,958 |
| Student Loans | 61 | 69% | $5,729 |
| Federal Student Loans | 61 | 69% | $5,243 |
| Other Student Loans | 2 | 2% | $14,822 |
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