by our College Data Analytics TeamMost students will never be charged 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 South College can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does South College offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from South College.
Financial 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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at South College, 91% of entering full-time freshmen got some type of financial assistance approximately 577 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $14,208 |
| Institutional grants & scholarships | 58% | $10,695 |
| Federal Pell grants | 67% | $4,952 |
| State/local grants | 54% | $3,783 |
| Federal student loans | 41% | $7,628 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At South College, around 65% of undergraduates were awarded an average grant or scholarship of $8,803 (across approximately 4149 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $8,803 |
| Federal Pell grants | 49% | $6,162 |
| Federal student loans | 62% | $9,166 |
For on-campus title-IV students, average grant aid came to $13,096.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,367 |
| $30,001 – $75,000 | $17,696 |
| Over $75,000 | $24,201 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $17,858 |
| Off-campus title-IV students | $17,182 |
For an estimate tailored to your family circumstances, see South College’s net price tool: www.south.edu/admissions/financial-aid/.
The median student at South College graduates with $9,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $18,668 |
| Typical 10-year monthly payment (graduates) | $197.91/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at South College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,940 |
| 25th percentile | $4,000 |
| 75th percentile | $21,000 |
| 90th percentile (highest-debt students) | $38,109 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,197 |
| Middle income | $9,500 |
| High income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,166 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at South College.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at South College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 22686 |
| Total Stafford loan amount | $478,813,576 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 704 |
| Total GI Bill amount | $8,954,320 |
| Average GI Bill amount per recipient | $12,719 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 64 |
| Total DoD amount | $130,169 |
| Average DoD amount per recipient | $2,034 |
References
More about our data sources and methodologies.