For the academic year 2022-2023, total 63 full-time, first-time students (28% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 117 students (12% of all students) received grants or scholarships and the average grant amount is $4,362. In addition, 61 students received student loans and the average loan amount is $3,696.
Below tables show the number and amount by source of financial aid at United States Merchant Marine Academy.
For all undergraduate students, total 117 students (12% of all students) received grants or scholarships and the average grant amount is $4,362. In addition, 61 students received student loans and the average loan amount is $3,696.
Below tables show the number and amount by source of financial aid at United States Merchant Marine Academy.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 117 | 12% | $4,362 |
| Pell Grants | 78 | 8% | $5,093 |
| Federal Student Loans | 61 | 6% | $3,696 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 63 | 28% | - |
| Grants or Scholarship from All Sources | 25 | 11% | $4,489 |
| Federal Grants | 25 | 11% | $4,489 |
| Pell Grants | 25 | 11% | $4,489 |
| Other Federal Grants | 0 | 0% | $0 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 0 | 0% | $0 |
| Student Loans | 27 | 12% | $4,320 |
| Federal Student Loans | 27 | 12% | $4,320 |
| Other Student Loans | 0 | 0% | $0 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
Know more about USMMA
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- What is the student race/ethnicity distribution at United States Merchant Marine Academy?
- What is the student age distribution at United States Merchant Marine Academy?
- How many students are received any financial aid at United States Merchant Marine Academy?
- How many students are received the grants or scholarships at United States Merchant Marine Academy?
- How many students are received the students loans at United States Merchant Marine Academy?
- What is the average financial aid amount at United States Merchant Marine Academy?
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