by our College Data Analytics TeamA lot of 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 Southeastern Louisiana University can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will Southeastern provide, and just what are you going to be eligible for? Read on for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Southeastern Louisiana University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at Southeastern Louisiana University, 99% of first-time, full-time freshmen received some form of financial aid around 1728 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $10,253 |
| Institutional grants & scholarships | 80% | $3,136 |
| Federal Pell grants | 43% | $5,734 |
| State/local grants | 85% | $5,874 |
| Federal student loans | 40% | $4,921 |
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, approximately 72% of undergraduate students received gift aid averaging $7,997 (covering around 9183 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $7,997 |
| Federal Pell grants | 33% | $5,468 |
| Federal student loans | 32% | $5,829 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $10,450.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,272 |
| $30,001 – $75,000 | $11,135 |
| Over $75,000 | $16,244 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $13,154 |
| Off-campus title-IV students | $12,174 |
For a customized cost estimate, visit Southeastern’s net price calculator: www.southeastern.edu/admin/fin_aid/cost/net_price_calculator/index.html.
Graduating students at Southeastern carry a median federal student debt of $11,077 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,077 |
| Median federal debt (graduates only) | $22,113 |
| Typical 10-year monthly payment (graduates) | $234.43/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Southeastern.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,250 |
| 75th percentile | $20,500 |
| 90th percentile (highest-debt students) | $31,406 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $11,000 |
| Middle income | $11,838 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,000 |
| Continuing-generation students | $12,972 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $14,416 |
The figure below distills the debt data into a single burden category for Southeastern.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Southeastern:
| Metric | Value |
|---|---|
| Stafford loan recipients | 48167 |
| Total Stafford loan amount | $991,022,572 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 154 |
| Total GI Bill amount | $894,333 |
| Average GI Bill amount per recipient | $5,807 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 14 |
| Total DoD amount | $42,997 |
| Average DoD amount per recipient | $3,071 |
References
More about our data sources and methodologies.