by our College Data Analytics TeamA lot of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Anderson University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will Anderson University South Carolina provide, and just what are you going to be eligible for? Read on for answers. Keep going to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Anderson University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Anderson University, 98% of first-time, full-time freshmen received some form of financial aid some 832 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $25,969 |
| Institutional grants & scholarships | 98% | $18,607 |
| Federal Pell grants | 23% | $5,768 |
| State/local grants | 67% | $8,695 |
| Federal student loans | 49% | $5,363 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Anderson University South Carolina, about 87% of undergraduates were awarded grant or scholarship aid averaging $25,162 (across roughly 2984 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $25,162 |
| Federal Pell grants | 21% | $5,390 |
| Federal student loans | 42% | $6,459 |
Title-IV recipients living on campus saw average grant aid of $26,648.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,603 |
| $30,001 – $75,000 | $23,916 |
| Over $75,000 | $32,208 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,544 |
| Off-campus title-IV students | $28,183 |
To get a personalized net price estimate, try Anderson University South Carolina’s net price calculator: [tcc.ruffalonl.com/Anderson University (SC)/FreshmanTransferStudents](https://tcc.ruffalonl.com/Anderson University (SC)/FreshmanTransferStudents).
A typical borrower at Anderson University South Carolina leaves with $22,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $22,000 |
| Median federal debt (graduates only) | $26,700 |
| Typical 10-year monthly payment (graduates) | $283.06/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at Anderson University South Carolina.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,104 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,000 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $22,219 |
| Middle income | $22,000 |
| High income | $21,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,718 |
| Continuing-generation students | $22,250 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $22,250 |
| Independent students | $18,818 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Anderson University South Carolina.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Anderson University South Carolina:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10404 |
| Total Stafford loan amount | $215,539,978 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 88 |
| Total GI Bill amount | $1,547,499 |
| Average GI Bill amount per recipient | $17,585 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 9 |
| Total DoD amount | $14,250 |
| Average DoD amount per recipient | $1,583 |
References
More about our data sources and methodologies.