by our College Data Analytics TeamA lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Southeastern Illinois College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financing solutions does SIC deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to learn how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Southeastern Illinois College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Southeastern Illinois College, 93% of new full-time first-years were awarded at least some aid around 219 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $5,427 |
| Institutional grants & scholarships | 50% | $2,322 |
| Federal Pell grants | 48% | $5,446 |
| State/local grants | 44% | $2,332 |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At SIC, roughly 38% of undergrads got grants or scholarships worth on average $4,060 (across approximately 532 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $4,060 |
| Federal Pell grants | 24% | $2,844 |
| Federal student loans | 0% | — |
Title-IV recipients living on campus saw average grant aid of $4,676.
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 | $4,708 |
| $30,001 – $75,000 | $6,282 |
| Over $75,000 | $8,609 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,437 |
| Off-campus title-IV students | $5,571 |
For a personalized estimate based on your family’s financial situation, use SIC’s net price calculator: www.sic.edu/financial-aid/cost-calculator.
The Department of Education computes summary indicators that describe debt outcomes at a glance. SIC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at SIC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 247 |
| Total Stafford loan amount | $1,589,181 |
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 | 0 |
| Total GI Bill amount | $0 |
References
More about our data sources and methodologies.