by our College Data Analytics TeamA lot of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Savannah State University can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financial aid options can Savannah State University offer you, and what will you qualify for? Keep reading for more information. Keep reading to find out how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Savannah State University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Savannah State University, 96% of new full-time first-years were awarded at least some aid approximately 671 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $10,314 |
| Institutional grants & scholarships | 29% | $7,742 |
| Federal Pell grants | 78% | $6,449 |
| State/local grants | 45% | $4,946 |
| Federal student loans | 74% | $5,657 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Savannah State University, around 87% of undergraduate students received gift aid averaging $9,740 (for some 2504 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $9,740 |
| Federal Pell grants | 68% | $6,271 |
| Federal student loans | 65% | $6,388 |
On-campus students receiving title-IV aid were awarded grants averaging $9,019.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,339 |
| $30,001 – $75,000 | $8,707 |
| Over $75,000 | $13,338 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,172 |
| Off-campus title-IV students | $8,683 |
For an estimate tailored to your family circumstances, see Savannah State University’s online cost calculator: simba.savannahstate.edu/students/netpricecalculator/.
The middle student in the debt distribution at Savannah State University owes $16,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,500 |
| Median federal debt (graduates only) | $28,000 |
| Typical 10-year monthly payment (graduates) | $296.85/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Savannah State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $5,500 |
| 75th percentile | $29,500 |
| 90th percentile (highest-debt students) | $44,473 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $18,750 |
| Middle income | $14,000 |
| High income | $14,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,170 |
| Continuing-generation students | $14,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,665 |
| Independent students | $19,544 |
These indicators are derived from the underlying debt data and summarize the overall picture at Savannah State University.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Savannah State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 24926 |
| Total Stafford loan amount | $578,862,635 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 86 |
| Total GI Bill amount | $360,471 |
| Average GI Bill amount per recipient | $4,192 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 20 |
| Total DoD amount | $32,252 |
| Average DoD amount per recipient | $1,613 |
References
More about our data sources and methodologies.