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Salem State Financial Aid

Number Received Financial Aid (All Undergraduate) 3,602
Percent Received Financial Aid(All Undergraduate) 71%
Average Aid Amount $8,277
Number Received Financial Aid (Freshmen) 846
Percent Received Financial Aid (Freshmen) 99%

Financial Aid Information at Salem State

For the academic year 2023-2024, a total of 3,602 students (71% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $8,277. For freshmen (Full-time, first-time degree-seeking undergraduate students), 846 students (99% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Salem State University is $12,338 for Massachusetts residents and $19,531 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2023-2024, a total of 3,602 students (71% of all students) have received grants or scholarships and the average received aid amount is $8,277. 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 State University for all undergraduate students.
Undergraduate Student Financial Aid at Salem State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid3,60271%$8,277
Pell Grants1,79335%$5,089
Federal Student Loans2,88257%$6,681

Beginning Students Financial Aid

a total of 846 beginning students (99% of all freshmen) have received any financial aid and 844 students (98% 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 State University.
Beginning Students (Freshmen) Financial Aid at Salem State University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid84699%-
Grants or Scholarship from All Sources84498%$8,241
Federal Grants42950%$5,498
Pell Grants40848%$5,369
Other Federal Grants26731%$630
State/Local Grants43451%$3,710
Institutional Grants84398%$3,543
Student Loans59669%$7,768
Federal Student Loans58869%$5,253
Other Student Loans11213%$13,756

Students Headcount by Living Status

For academic year 2023-2024, total 776 full-time beginning students have enrolled and attended Salem State University. Among them, 418 students have lived on campus and 199 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Salem State University
Living Status202120222023
Living On-Campus324440418
Living Off-Campus with Family278114123
Living Off-Campus without Family204217199

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

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2023-2024 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Salem State University
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level659659$6,045,677$9,174
$0 - $30,000186186$2,646,983$14,231
$30,001 - $48,0009595$1,222,427$12,868
$48,001 - $75,000106106$1,049,725$9,903
$75,001 - $110,0009898$609,287$6,217
$110,001 or more174174$517,255$2,973