$4,910

Avg. Federal Grant

$5,114

Avg. Federal Loan

$27,375,275

Total Aid Awarded

Salisbury University (SU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$27.375M

Financial Aid Official Website

www.salisbury.edu/admissions/finaid/welcome.html

Salisbury University focuses on making a candidate's education affordable in the form of loans, grants, and scholarships.

The average reported annual net price for Salisbury University for students receiving grants or scholarship aid was $18,374. $12,438 is the standard Salisbury University's freshman financial aid offer.

Around 73.0% of first-year students receive financial help, most of which are loans. 1.0% of first-year students (810 total) were given scholarships at Salisbury University, averaging $3,830 per student. This puts it in the middle 20th percentile of all schools nationwide.

298 first-year students were awarded a grant. A total of 22.0% of Salisbury's first years received grants with an average of $4,427 per person. 4,796 Salisbury students obtain grants (this is about 61.0% of the complete student population). The typical amount these students obtain is $5,177.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

24%

State Grant Aid

28%

Institution Grant Aid

65%

Pell Grant

24%

Average Aid Awarded

Federal Grant Aid

$4,910

State Grant Aid

$4,076

Institution Grant Aid

$3,774

Pell Grant

$4,690

As shown in the table the breakdown includes federal grants, pell grants, state grants, and institutional grants with federal grants having the highest percentage contribution of 24% with an average aid amount being $4,910.

Pell grants have a percentage of 24% with an average aid amount of $4,690 which is higher than the state grant aid average of $4,076.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$14,909

$30,001 - $48,000

$10,548

$48,001 - $75,000

$6,829

$75,001 - $110,000

$3,717

Over $110,000

$1,951

As shown in the table lower the family income higher is the amount of aid one can expect to receive.

Those students who have a family income under $30,000 can expect to receive an aid amount of $14,909 while those with family income over $110,000 can expect to receive an aid amount of $1,951. This helps students who are coming from low-income homes to pay for their degrees.

Student Loans for Salisbury University (SU)

Average Loan Amount Average Loan Amount received per year.

$6,744/Year

Students Taking Out Loans

52%

Loan Default Rate

3.3%

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