by our College Data Analytics TeamMany students will not be asked to pay 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 price of attendance at Southeastern University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does SEU provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep going to learn just how much financial aid will be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Southeastern University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Southeastern University, 96% of first-year full-time students received aid of some kind some 904 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $17,238 |
| Institutional grants & scholarships | 91% | $12,637 |
| Federal Pell grants | 42% | $5,637 |
| State/local grants | 51% | $4,474 |
| Federal student loans | 53% | $5,470 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At SEU, about 45% of the undergraduate population received grant aid that averaged $15,362 (among about 4160 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $15,362 |
| Federal Pell grants | 22% | $5,265 |
| Federal student loans | 28% | $6,571 |
On-campus students receiving title-IV aid were awarded grants averaging $17,387.
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 | $28,352 |
| $30,001 – $75,000 | $29,019 |
| Over $75,000 | $31,745 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $31,942 |
| Off-campus title-IV students | $30,209 |
To get a personalized net price estimate, try SEU’s NPC: www.seu.edu/admission/financial/cost-calculator/.
A typical borrower at SEU leaves with $12,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $21,500 |
| Typical 10-year monthly payment (graduates) | $227.94/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at SEU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $5,500 |
| 75th percentile | $22,905 |
| 90th percentile (highest-debt students) | $32,966 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,332 |
| Middle income | $12,500 |
| High income | $12,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,299 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $13,522 |
A handful of calculated indicators summarize the debt outlook at SEU.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at SEU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 18202 |
| Total Stafford loan amount | $332,927,704 |
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 activity
| Metric | Value |
|---|---|
| GI Bill recipients | 105 |
| Total GI Bill amount | $1,386,638 |
| Average GI Bill amount per recipient | $13,206 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 6 |
| Total DoD amount | $20,250 |
| Average DoD amount per recipient | $3,375 |
References
More about our data sources and methodologies.