by our College Data Analytics TeamMost students will not be asked to pay 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 price of attendance at South University-Austin can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does South University, Austin deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to see 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. Use the information below to understand how much financial assistance you may get from South University-Austin.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at South University-Austin, 94% of new full-time first-years were awarded at least some aid roughly 16 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $7,396 |
| Institutional grants & scholarships | 18% | $2,407 |
| Federal Pell grants | 88% | $6,374 |
| State/local grants | 0% | — |
| Federal student loans | 59% | $6,796 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, about 86% of the undergraduate population received grant aid that averaged $6,324 (across approximately 208 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $6,324 |
| Federal Pell grants | 59% | $5,168 |
| Federal student loans | 56% | $8,140 |
On-campus students receiving title-IV aid were awarded grants averaging $7,669.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,995 |
| $30,001 – $75,000 | $18,666 |
| Over $75,000 | $26,505 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $25,680 |
| Off-campus title-IV students | $24,532 |
For a customized cost estimate, visit South University, Austin’s NPC: www.southuniversity.edu/austin/net-price-calculator.
The median student at South University, Austin graduates with $13,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,000 |
| Median federal debt (graduates only) | $26,123 |
| Typical 10-year monthly payment (graduates) | $276.95/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The four reference points below map the debt distribution at South University, Austin.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,501 |
| 25th percentile | $4,750 |
| 75th percentile | $22,542 |
| 90th percentile (highest-debt students) | $37,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,643 |
| Middle income | $15,278 |
| High income | $14,700 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,883 |
| Continuing-generation students | $14,576 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,668 |
| Independent students | $12,990 |
A handful of calculated indicators summarize the debt outlook at South University, Austin.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at South University, Austin:
| Metric | Value |
|---|---|
| Stafford loan recipients | 130230 |
| Total Stafford loan amount | $3,048,464,527 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 43 |
| Total GI Bill amount | $591,814 |
| Average GI Bill amount per recipient | $13,763 |
References
More about our data sources and methodologies.