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What is the average loan amount at United States Merchant Marine Academy?

For the academic year 2022-2023, total 27 full-time, first-time students (12% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 61 students (6% of all students) have received federal student loans and the average loan amount is $3,696 at United States Merchant Marine Academy.

Below tables show the number and amount by source of financial aid at United States Merchant Marine Academy.
All Undergraduate Student Financial Aid at United States Merchant Marine Academy
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid11712%$4,362
Pell Grants788%$5,093
Federal Student Loans616%$3,696
Beginning Students (Freshmen) Financial Aid at United States Merchant Marine Academy
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid6328%-
Grants or Scholarship from All Sources2511%$4,489
Federal Grants2511%$4,489
Pell Grants2511%$4,489
Other Federal Grants00%$0
State/Local Grants00%$0
Institutional Grants00%$0
Student Loans2712%$4,320
Federal Student Loans2712%$4,320
Other Student Loans00%$0

Know more about USMMA

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