Applying For Financial Aid
Applying For Financial Aid
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Email
financial.aid@usm.edu
Net Price Calculator
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Application Process
Application Deadline
Rolling
Award Notification
On a rolling basis
High School Program
College preparatory program is required
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA, Code is 002441 Free
Profile of 2018-19 Financial Aid
Profile of 2018-19 Financial Aid
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Freshman
Financial Aid Applicants
1,905 (96.2% of) freshmen
Found to Have Financial Need
1,571 (82.5% of) applicants
Received Financial Aid
1,544 (98.3% of) applicants with financial need
Need Fully Met
434 (28.1% of) aid recipients%
Average Percent of Need Met
68%
Average Award
$10,772
Need-Based Gift
Received by 1,039 (67.3% of) aid recipients, average amount $6,641
Need-Based Self-Help
Received by 1,053 (68.2% of) aid recipients, average amount $3,140
Merit-Based Gift
Received by 1,063 (68.8% of) aid recipients
Merit-Based Gift
Received by 1,063 (68.8% of) aid recipients
246 (12.4% of) freshmen had no financial need and received merit aid, average amount $6,159
All Undergraduates
Financial Aid Applicants
8,475 (87.1% of) undergraduates
Found to Have Financial Need
7,331 (86.5% of) applicants
Received Financial Aid
7,160 (97.7% of) applicants with financial need
Need Fully Met
1,608 (22.5% of) aid recipients%
Average Percent of Need Met
67%
Average Award
$10,833
Need-Based Gift
Received by 5,016 (70.1% of) aid recipients, average amount $6,025
Need-Based Self-Help
Received by 5,071 (70.8% of) aid recipients, average amount $4,171
Merit-Based Gift
Received by 4,252 (59.4% of) aid recipients
809 (8.3% of) undergraduates had no financial need and received merit aid, average amount $6,036
All Undergraduates
2018 Graduates Who Took Out Loans
66%
Average Indebtedness of 2018 Graduates
$28,003
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
Applied Art and Design
Dance
Music
Theater/Drama
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Cheerleading/Drum Major
Leadership
Number of Awards
Not reported
Special Characteristics Award Areas
Children and Siblings of Alumni
Children of Faculty/Staff
Ethnic Background
Local/State Students
Out-of-State Students
Veterans
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
Not reported