Number Received Financial Aid (All Undergraduate)
569
Percent Received Financial Aid(All Undergraduate)
75%
Average Aid Amount
$7,419
Number Received Financial Aid (Freshmen)
143
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Salem
For the academic year 2023-2024, a total of 569 students (75% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $7,419. For freshmen (Full-time, first-time degree-seeking undergraduate students), 143 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Salem University is $12,070, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 569 students (75% of all students) have received grants or scholarships and the average received aid amount is $7,419. 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 University 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 | 569 | 75% | $7,419 |
| Pell Grants | 392 | 51% | $5,015 |
| Federal Student Loans | 509 | 67% | $8,053 |
Beginning Students Financial Aid
a total of 143 beginning students (100% of all freshmen) have received any financial aid and 143 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 University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 143 | 100% | - |
| Grants or Scholarship from All Sources | 143 | 100% | $9,811 |
| Federal Grants | 120 | 84% | $7,370 |
| Pell Grants | 82 | 57% | $5,733 |
| Other Federal Grants | 110 | 77% | $3,766 |
| State/Local Grants | 19 | 13% | $2,252 |
| Institutional Grants | 70 | 49% | $6,798 |
| Student Loans | 131 | 92% | $11,213 |
| Federal Student Loans | 131 | 92% | $9,964 |
| Other Student Loans | 15 | 10% | $10,911 |
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