by our College Data Analytics TeamMany students attending Salisbury University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$6,332.00 is the typical Salisbury University’s first year financial aid package. Financial aid is provided to about 91% of first-year students, with the bulk of support coming in the form of loans.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Salisbury University.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The numbers listed below make reference to help that is offered by Salisbury University.
71% of incoming freshmen (1036 total) were awarded scholarships at Salisbury University, averaging $4,006.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 59% of freshmen (859 total) obtained a federal grant, for about $2,460.00 a piece.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 9.54% | $15,338.00 |
| Income 30k-48k | 5.59% | $10,696.00 |
| Income 48k-75k | 6.27% | $6,805.00 |
| Income 75k-110k | 3.89% | $3,325.00 |
| Income 110k + | 12.47% | $1,846.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
1290 Salisbury undergrads obtain grant aid (this is about 91% of the entire undergraduate student population). The average amount these students receive is $6,332.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.