by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Uncover the various financial aid options provided by Anderson University South Carolina and determine which ones you may be eligible for by continuing your exploration.
Anderson University South Carolina average financial aid offer for freshmen students is $22,909.00. Financial aid is provided to about 100% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Anderson University South Carolina.
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 following numbers pertain to assistance that is supplied by Anderson University South Carolina.
100% of first-year students (638 total) were offered scholarships at Anderson University South Carolina, averaging $15,689.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 22% of first years (143 total) were awarded federal grant aid, averaging $4,894.00 each.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 9.23% | $28,450.00 |
| Income 30k-48k | 5.32% | $25,816.00 |
| Income 48k-75k | 10.02% | $24,475.00 |
| Income 75k-110k | 14.55% | $21,732.00 |
| Income 110k + | 23.00% | $19,644.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
100% of the 639 undergraduates at Anderson University South Carolina receive some sort of grant aid. This is a total of about 639 students getting an average of $22,909.00 per person.
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.