by our College Data Analytics TeamMost students are not billed 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 cost of going to South University-Montgomery can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does South University, Montgomery provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to find out just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at South University-Montgomery.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at South University-Montgomery, 95% of entering full-time freshmen got some type of financial assistance roughly 19 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $6,986 |
| Institutional grants & scholarships | 25% | $2,351 |
| Federal Pell grants | 80% | $6,592 |
| State/local grants | 25% | $1,402 |
| Federal student loans | 80% | $7,886 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At South University, Montgomery, around 89% of undergraduates were awarded an average grant or scholarship of $6,316 (across approximately 269 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $6,316 |
| Federal Pell grants | 66% | $4,959 |
| Federal student loans | 70% | $7,561 |
For on-campus title-IV students, average grant aid came to $6,986.
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 | $25,157 |
| $30,001 – $75,000 | $26,532 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $27,807 |
| Off-campus title-IV students | $25,157 |
For a personalized estimate based on your family’s financial situation, use South University, Montgomery’s NPC: www.southuniversity.edu/montgomery/net-price-calculator.
A typical borrower at South University, Montgomery leaves with $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 |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at South University, Montgomery.
| 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 |
First-Generation Comparison
| 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 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. South University, Montgomery.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at South University, Montgomery:
| Metric | Value |
|---|---|
| Stafford loan recipients | 130230 |
| Total Stafford loan amount | $3,048,464,527 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $92,669 |
| Average GI Bill amount per recipient | $9,267 |
References
More about our data sources and methodologies.