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Financial Aid at USMMA

The average amount of financial aid is $4,362 where 12% of enrolled students have received grants or scholarship aid at United States Merchant Marine Academy. The average amount of tuition & fees is $1,167 for New York residents and $945 for out-of-state students at United States Merchant Marine Academy.
  • Average Financial Aid: $4,362
  • Undergraduate Tuition: $945
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All Undergraduate Student Financial Aid

For academic year 2022-2023, total 117 students (12% of all undergraduate students) have received grants or scholarships and the average received amount is $4,362. Grant/scholarship aid includes federal, state, local, institutional or other sources of grant aid. Next table shows the financial aid statistics for all undergraduate students by aid types at United States Merchant Marine Academy.
Financial Aid Statistics 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 Student Financial Aid

For first time, full time beginning students (freshmen), total 63 students (28% of all freshmen) have received any type of financial aid and 39 students (17% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. The average amount of grant/scholarship aid is $4,489 and the average amount of student loan aid is $4,320. Next table shows the headcount and average received amount of financial aid by source of the aid at United States Merchant Marine Academy.
Beginning Students Financial Aid Statistics 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

Grants and Scholarship Aid By Income Level

Next table shows the number of students awarded and average grants/scholarship aid amount by income level for whom paying in-state tuition rate at United States Merchant Marine Academy. The sources of grants and scholarship aid are the federal government, state/local government, or the institution (United States Merchant Marine Academy.
Financial Aid Statistics By Income Level at United States Merchant Marine Academy
Income LevelNumber of StudentsNumber of Students AwardedAverage Amount Aid Awarded
All level3925$2,878
$0-$30,0001313$5,479
$30,001-$48,00088$3,769
$48,001-$75,00032$2,730
$75,001-$110,00052$532
$110,001 or more100-

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All data used in our site is from IPEDS (The Integrated Postsecondary Education Data System), U.S. Department of Education, academic year 2022-2023
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