by our College Data Analytics TeamThe majority of students are not billed 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 price tag of going to South University-High Point can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can South University, High Point offer you, and what will you qualify for? Keep reading for more information. Scroll down to find out what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from South University-High Point.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At South University, High Point, some 79% of the undergraduate population received grant aid that averaged $5,908 (covering around 55 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $5,908 |
| Federal Pell grants | 46% | $5,525 |
| Federal student loans | 67% | $9,291 |
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 | $27,915 |
| Over $75,000 | $27,073 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Graduating students at South University, High Point carry a median federal student debt of $13,000 of cumulative federal debt.
| 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 |
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. These percentiles trace how cumulative federal debt is spread among borrowers at South University, High Point.
| 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 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,643 |
| Middle income | $15,278 |
| High income | $14,700 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,883 |
| Continuing-generation students | $14,576 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,668 |
| Independent students | $12,990 |
A handful of calculated indicators summarize the debt outlook at South University, High Point.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at South University, High Point:
| Metric | Value |
|---|---|
| Stafford loan recipients | 130230 |
| Total Stafford loan amount | $3,048,464,527 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $12,640 |
| Average GI Bill amount per recipient | $12,640 |
References
More about our data sources and methodologies.