by our College Data Analytics TeamMost 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 total price of attendance at South Louisiana Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financing solutions does South Louisiana Community College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from South Louisiana Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at South Louisiana Community College, 86% of new full-time first-years were awarded at least some aid around 820 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $6,214 |
| Institutional grants & scholarships | 6% | $652 |
| Federal Pell grants | 68% | $6,167 |
| State/local grants | 29% | $2,662 |
| Federal student loans | 38% | $5,275 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At South Louisiana Community College, roughly 61% of undergrads got grants or scholarships worth on average $5,274 (among about 3608 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 61% | $5,274 |
| Federal Pell grants | 50% | $5,161 |
| Federal student loans | 36% | $6,304 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,480.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,699 |
| $30,001 – $75,000 | $10,002 |
| Over $75,000 | $13,360 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $12,564 |
| Off-campus title-IV students | $9,684 |
For an estimate tailored to your family circumstances, see South Louisiana Community College’s NPC: [www.solacc.edu/financial-aid/files/calculator/net price calculator 2022-2023.html](https://www.solacc.edu/financial-aid/files/calculator/net price calculator 2022-2023.html).
The median student at South Louisiana Community College graduates with $7,250 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,250 |
| Median federal debt (graduates only) | $11,000 |
| Typical 10-year monthly payment (graduates) | $116.62/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. The four reference points below map the debt distribution at South Louisiana Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,104 |
| 25th percentile | $2,000 |
| 75th percentile | $6,500 |
| 90th percentile (highest-debt students) | $10,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,000 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,500 |
| Continuing-generation students | $5,763 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at South Louisiana Community College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at South Louisiana Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10682 |
| Total Stafford loan amount | $94,290,413 |
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 | 78 |
| Total GI Bill amount | $238,142 |
| Average GI Bill amount per recipient | $3,053 |
References
More about our data sources and methodologies.