Number Received Financial Aid (All Undergraduate)
720
Percent Received Financial Aid(All Undergraduate)
92%
Average Aid Amount
$4,693
Number Received Financial Aid (Freshmen)
228
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Salem
For the academic year 2021-2022, a total of 720 students (92% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,693. For freshmen (Full-time, first-time degree-seeking undergraduate students), 228 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Salem University is $13,750, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 720 students (92% of all students) have received grants or scholarships and the average received aid amount is $4,693. 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 | 720 | 92% | $4,693 |
| Pell Grants | 459 | 59% | $5,122 |
| Federal Student Loans | 593 | 76% | $8,726 |
Beginning Students Financial Aid
a total of 228 beginning students (100% of all freshmen) have received any financial aid and 228 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 | 228 | 100% | - |
| Grants or Scholarship from All Sources | 228 | 100% | $7,955 |
| Federal Grants | 228 | 100% | $4,880 |
| Pell Grants | 169 | 74% | $4,760 |
| Other Federal Grants | 228 | 100% | $1,352 |
| State/Local Grants | 24 | 11% | $2,681 |
| Institutional Grants | 86 | 38% | $7,404 |
| Student Loans | 209 | 92% | $7,194 |
| Federal Student Loans | 195 | 86% | $6,397 |
| Other Student Loans | 18 | 8% | $14,225 |
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