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How many students are received the students loans at Salem University?

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For the academic year 2022-2023, total 209 full-time, first-time students (92% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 593 students (76% of all students) have received federal student loans and the average loan amount is $8,726 at Salem University.

Below tables show the number and amount by source of financial aid at Salem University.
All Undergraduate Student Financial Aid at Salem University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid72092%$4,693
Pell Grants45959%$5,122
Federal Student Loans59376%$8,726
Beginning Students (Freshmen) Financial Aid at Salem University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid228100%-
Grants or Scholarship from All Sources228100%$7,955
Federal Grants228100%$4,880
Pell Grants16974%$4,760
Other Federal Grants228100%$1,352
State/Local Grants2411%$2,681
Institutional Grants8638%$7,404
Student Loans20992%$7,194
Federal Student Loans19586%$6,397
Other Student Loans188%$14,225
see more grants, scholarship, student loans, and other financial aid stats

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

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