by our College Data Analytics TeamMany students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at The University of the South can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial aid solutions can Sewanee provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from The University of the South.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at The University of the South, 98% of first-year full-time students received aid of some kind (about 442 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $37,171 |
| Institutional grants & scholarships | 98% | $34,756 |
| Federal Pell grants | 16% | $5,189 |
| State/local grants | 24% | $5,912 |
| Federal student loans | 42% | $5,166 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Sewanee, approximately 96% of undergraduate students received gift aid averaging $37,180 (for some 1543 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $37,180 |
| Federal Pell grants | 16% | $5,384 |
| Federal student loans | 34% | $5,985 |
For students living on campus and receiving title-IV aid, grants averaged $44,114.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,418 |
| $30,001 – $75,000 | $16,892 |
| Over $75,000 | $34,252 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $27,872 |
| Off-campus title-IV students | $27,498 |
For a personalized estimate based on your family’s financial situation, use Sewanee’s official net price calculator: www.collegenpc.com/sewanee.
Graduating students at Sewanee carry a median federal student debt of $17,750 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,750 |
| Median federal debt (graduates only) | $22,855 |
| Typical 10-year monthly payment (graduates) | $242.3/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Sewanee.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $7,500 |
| 75th percentile | $24,000 |
| 90th percentile (highest-debt students) | $27,966 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $13,695 |
| Middle income | $17,500 |
| High income | $19,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,000 |
| Continuing-generation students | $19,500 |
A handful of calculated indicators summarize the debt outlook at Sewanee.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Sewanee:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2917 |
| Total Stafford loan amount | $40,734,490 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $305,520 |
| Average GI Bill amount per recipient | $33,947 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.