$11,668

Avg. Federal Grant

N/A

Avg. Federal Loan

$5,574,276

Total Aid Awarded

Samuel Merritt University (SMU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$5.574M

Financial Aid Official Website

www.samuelmerritt.edu/financial_aid

The university assures you a backup of your funds in order to ease out on your curriculum cost burden. The first and foremost thing that you will need to do is fill out your FAFSA application. In addition to this, you can always reach out to the university for financial aid counselling. These financial aids are provided to you in numerous forms which can be merit-based and also need-based. Almost 86% of candidates gain benefit from these Samuel Merritt University (SMU) financial aids. 

Scholarships

  • The SMU scholarships are the institutional scholarship which offers an amount of $1,000 to $5,000 to the candidates per year on fulfilling the criteria based on financial crisis and academic records.

  • The American Association of Critical Care Nurses (AACN) provides Professional Development Scholarships to the deserving candidates to cultivate the skills of the students in the nursing field.

  • The Johnson & Johnson’s Nursing Scholarship offers $1,000 to the male nursing candidates.

  • California East Bay Oncology Nursing Society gives a good amount of scholarships to the students who show interest in learning about oncology. This is a state-scholarship.

If you want to get introduced to a wide array of other scholarship programs, please refer to the link provided.

Grants

The university allows the students to apply for a Federal Pell grant. The Federal Work-study Program also gives an opportunity to the students to work for a number of hours and earn their tuition costs right on the campus itself. You may also avail other state grants like the Cal Grant Program offered only to the students seeking an undergraduate degree. 

Loans

Federal student loans are available at a truly low interest. The Federal direct loans come in two categories, one is the subsidised ones and the unsubsidised ones. You can gain more information on Stafford Loans in the link given. 

The Department of US also provides Direct Consolidation Loan. The Direct PLUS loan facilities are for the dependent candidates who can draw up the loan amount in their parent or guardian’s name. 

Private third-party educational loans are also available. Apart from this, the Nursing Student loans and the Health Professions Student Loans can be applied for by both the candidate or their parents based on their Expected Family Contribution (EFC).

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

N/A

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

N/A

Average Aid Awarded

Federal Grant Aid

$11,668

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

N/A

The SMU contributes a large sum of $5,574,276 towards financial aid for their students. Almost 86% of students of this university apply for financial aid every year. Student Loans are also a popular option for the students of this university. Most of them can repay the total amount and the default cases are as low as 0.4%. For getting in-depth information regarding financial aid you may visit the link provided here.

Student Loans for Samuel Merritt University (SMU)

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

0.4%

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