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South Florida State College Financial Aid Details

80% Freshmen Get Financial Aid
$5,363 Average Grant & Scholarship
51% Undergrads Get Grant Aid

Most students will not be asked to pay 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 South Florida State College can feel tremendous, but do not forget that almost all students receive some sort of financial help.

Just what financial aid solutions can South Florida State College provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to discover how much school funding could be available to you.

Why You Should Understand South Florida State College Financial Aid Information

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 South Florida State College.

Freshman Financial Aid at South Florida State College

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.

For incoming first-year students at South Florida State College, 80% of the incoming full-time class was awarded financial aid around 269 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)78%$5,980
Institutional grants & scholarships18%$1,411
Federal Pell grants64%$6,134
State/local grants17%$2,316
Federal student loans4%$4,363

Scholarship and Grant Awards at South Florida State College

The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at South Florida State College, some 51% of undergrads got grants or scholarships worth on average $5,363 (covering around 1514 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)51%$5,363
Federal Pell grants43%$4,700
Federal student loans5%$4,988

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,292.

What Families Pay by Income at South Florida State College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$4,304
$30,001 – $75,000$4,024
Over $75,000$6,074

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

What a Degree Really Costs at South Florida State College

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$3,877
Off-campus title-IV students$4,443

For a personalized estimate based on your family’s financial situation, use South Florida State College’s online cost calculator: www.southflorida.edu/current-students/financial-aid-scholarships/net-price-calculator.

Typical Student Debt at South Florida State College

A typical borrower at South Florida State College leaves with $5,387 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$5,387
Median federal debt (graduates only)$7,368
Typical 10-year monthly payment (graduates)$78.11/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at South Florida State College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,500
25th percentile$2,625
75th percentile$8,242
90th percentile (highest-debt students)$13,635

Debt by Student Cohort at South Florida State College

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$5,555
Middle income$5,495
High income$4,897

First-Generation Comparison

CohortMedian federal debt
First-generation students$5,334
Continuing-generation students$5,439

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,000
Independent students$6,000

Calculated Debt-Outcome Indicators

The figure below distills the debt data into a single burden category for South Florida State College.

Federal Loan Volume at South Florida State College

Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at South Florida State College:

MetricValue
Stafford loan recipients1590
Total Stafford loan amount$11,699,467

Veteran and Military Aid at South Florida State College

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients87
Total GI Bill amount$97,963
Average GI Bill amount per recipient$1,126

References

More about our data sources and methodologies.

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