Applying For Financial Aid
Applying For Financial Aid
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Email
FinancialAid@smsu.edu
Application Process
Application Deadline
Rolling
Award Notification
On a rolling basis beginning January 12
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 002503 Free
Profile of 2024-25 Financial Aid
Profile of 2024-25 Financial Aid
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Freshman
Financial Aid Applicants
2,293 (90.0%) of freshmen
Found to Have Financial Need
1,554 (67.8%) of applicants
Received Financial Aid
1,543 (99.3%) of applicants with financial need
Need Fully Met
266 (17.2%) of aid recipients
Average Percent of Need Met
61%
Average Award
$15,878
Need-Based Gift
Received by 1,481 (96.0%) of aid recipients, average amount $10,614
Need-Based Self-Help
Received by 841 (54.5%) of aid recipients, average amount $4,245
Merit-Based Gift
Received by 200 (13.0%) of aid recipients
701 (27.5%) of freshmen had no financial need and received merit aid, average amount $4,020
All Undergraduates
Financial Aid Applicants
9,185 (79.8%) of undergraduates
Found to Have Financial Need
6,452 (70.2%) of applicants
Received Financial Aid
6,357 (98.5%) of applicants with financial need
Need Fully Met
896 (14.1%) of aid recipients
Average Percent of Need Met
56%
Average Award
$14,506
Need-Based Gift
Received by 5,968 (93.9%) of aid recipients, average amount $9,171
Need-Based Self-Help
Received by 3,546 (55.8%) of aid recipients, average amount $4,898
Merit-Based Gift
Received by 563 (8.9%) of aid recipients
2,759(24.0%)of undergraduates had no financial need and received merit aid,average amount $4,154
All Undergraduates
2024 Graduates Who Took Out Loans
55%
Average Indebtedness of 2024 Graduates
$26,733
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Not reported
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Leadership
Number of Awards
Not reported
Special Characteristics Award Areas
Children and Siblings of Alumni
Local/State Students
Members of Minorities
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
$1,800
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2024-25 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2025 Peterson's LLC. All rights reserved.