Financial Aid at USMMA

Average Amount Received	% Received Financial Aid
$4,362	12%

117 students (12% of total 1,006 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at United States Merchant Marine Academy.

The average amount of the aid awarded is $4,362. For the first-time, full-time beginning students (freshmen), 28% of total 229 enrolled students have received any kind of financial aid and its average amount of aid received is $4,489.

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All Undergraduate Financial Aid

At United States Merchant Marine Academy, 117 undergraduate students (12% of total 1,006 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $4,362.

Financial Aid Statistics (All Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	117	12%	$510,395	$4,362
Pell Grants	78	8%	$397,236	$5,093
Federal Student Loan	61	6%	$225,457	$3,696

Beginning Undergraduate Students (Freshmen) Financial Aid

63 beginning undergraduate students (28% of total 229 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at United States Merchant Marine Academy. The average amount of aid received is $4,489.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	63	28%	-	-
Grants or Scholarships	25	11%	$112,229	$4,489
Federal Grants	25	11%	$112,229	$4,489
Pell Grants	25	11%	$112,229	$4,489
Other Federal Grants	-	-	-	-
State/Local Grants	-	-	-	-
Institutional Grants	-	-	-	-
Student Loan Aid	27	12%	$116,647	$4,320
Federal Student Loans	27	12%	$116,647	$4,320
Other Student Loans	-	-	-	-

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

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at United States Merchant Marine Academy.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	39	25	$112,229	$2,878
0-30,000	13	13	$71,228	$5,479
30,001-48,000	8	8	$30,151	$3,769
48,001-75,000	3	2	$8,190	$2,730
75,001-110,000	5	2	$2,660	$532
110,001 or more	10	-	-	-

Financial Aid at USMMA

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

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

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