by our College Data Analytics TeamA lot of students will never be charged 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 cost of going to South Carolina State University can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will South Carolina State University deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from South Carolina State University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At South Carolina State University, 96% of entering full-time freshmen got some type of financial assistance roughly 988 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $11,579 |
| Institutional grants & scholarships | 76% | $4,385 |
| Federal Pell grants | 79% | $6,324 |
| State/local grants | 52% | $4,445 |
| Federal student loans | 70% | $6,141 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, approximately 86% of undergraduates were awarded grant or scholarship aid averaging $12,189 (across approximately 2364 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $12,189 |
| Federal Pell grants | 70% | $6,001 |
| Federal student loans | 67% | $6,524 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $11,918.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,230 |
| $30,001 – $75,000 | $18,260 |
| Over $75,000 | $24,787 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $18,097 |
| Off-campus title-IV students | $18,268 |
For an estimate tailored to your family circumstances, see South Carolina State University’s official net price calculator: scsu.edu/netprice.html.
Graduating students at South Carolina State University carry a median federal student debt of $20,900 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,900 |
| Median federal debt (graduates only) | $31,000 |
| Typical 10-year monthly payment (graduates) | $328.65/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at South Carolina State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $9,500 |
| 75th percentile | $37,250 |
| 90th percentile (highest-debt students) | $50,450 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $23,000 |
| Middle income | $19,500 |
| High income | $18,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,250 |
| Continuing-generation students | $20,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,000 |
| Independent students | $20,000 |
A handful of calculated indicators summarize the debt outlook at South Carolina State University.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at South Carolina State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 22174 |
| Total Stafford loan amount | $663,682,269 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 44 |
| Total GI Bill amount | $470,772 |
| Average GI Bill amount per recipient | $10,699 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 21 |
| Total DoD amount | $65,250 |
| Average DoD amount per recipient | $3,107 |
References
More about our data sources and methodologies.