univstats
Number Received Financial Aid (All Undergraduate) 122
Percent Received Financial Aid(All Undergraduate) 12%
Average Aid Amount $4,175
Number Received Financial Aid (Freshmen) 71
Percent Received Financial Aid (Freshmen) 28%

Financial Aid Information at USMMA

For the academic year 2021-2022, a total of 122 students (12% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,175. For freshmen (Full-time, first-time degree-seeking undergraduate students), 71 students (28% of enrolled students) received financial aid.
The 2023 undergraduate tuition & fees at United States Merchant Marine Academy is $1,167 for New York residents and $1,008 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 122 students (12% of all students) have received grants or scholarships and the average received aid amount is $4,175. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at United States Merchant Marine Academy for all undergraduate students.
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 aid12212%$4,175
Pell Grants828%$4,924
Federal Student Loans636%$4,279

Beginning Students Financial Aid

a total of 71 beginning students (28% of all freshmen) have received any financial aid and 45 students (18% 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 United States Merchant Marine Academy.
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 Aid7128%-
Grants or Scholarship from All Sources2711%$4,991
Federal Grants2711%$4,991
Pell Grants2711%$4,991
Other Federal Grants00%$0
State/Local Grants00%$0
Institutional Grants00%$0
Student Loans3012%$4,241
Federal Student Loans2911%$4,232
Other Student Loans10%$4,500

Students Headcount by Living Status

For academic year 2021-2022, total 27 full-time beginning students have enrolled and attended United States Merchant Marine Academy. Among them, 27 students have lived on campus and 0 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at United States Merchant Marine Academy
Living Status201920202021
Living On-Campus341627
Living Off-Campus with Family000
Living Off-Campus without Family000

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at United States Merchant Marine Academy
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level4527$134,748$2,994
$0 - $30,0001515$83,764$5,584
$30,001 - $48,00044$21,480$5,370
$48,001 - $75,000108$29,504$2,950
$75,001 - $110,00050$0$0
$110,001 or more110$0$0