by our College Data Analytics TeamA large number of students will never be charged 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 Southern Careers Institute-Pharr can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Southern Careers Institute - Pharr deliver, and just what are you going to be eligible for? Read on for answers. Keep scrolling to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Southern Careers Institute-Pharr.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Southern Careers Institute-Pharr, 95% of first-time, full-time freshmen received some form of financial aid roughly 605 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $5,253 |
| Institutional grants & scholarships | 22% | $1,223 |
| Federal Pell grants | 88% | $4,990 |
| State/local grants | 0% | — |
| Federal student loans | 81% | $6,576 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Southern Careers Institute - Pharr, approximately 84% of undergrads got grants or scholarships worth on average $4,631 (among about 818 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 84% | $4,631 |
| Federal Pell grants | 74% | $4,613 |
| Federal student loans | 70% | $6,187 |
For students living on campus and receiving title-IV aid, grants averaged $5,599.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $21,580 |
| $30,001 – $75,000 | $21,859 |
| Over $75,000 | $26,655 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $21,833 |
| Off-campus title-IV students | $21,588 |
For a personalized estimate based on your family’s financial situation, use Southern Careers Institute - Pharr’s online cost calculator: prospect.studentaidprocess.com/saintprospect/(S(ocmfllhcnha2l4egndtg2dgp))/netpricecalculator?corpid=64.
The median federal debt load at Southern Careers Institute - Pharr comes to $7,389 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,389 |
| Median federal debt (graduates only) | $8,708 |
| Typical 10-year monthly payment (graduates) | $92.32/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Southern Careers Institute - Pharr.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,687 |
| 25th percentile | $4,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $9,500 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,421 |
| Middle income | $7,125 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,389 |
| Continuing-generation students | $7,319 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,125 |
| Independent students | $7,917 |
The figure below distills the debt data into a single burden category for Southern Careers Institute - Pharr.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Southern Careers Institute - Pharr:
| Metric | Value |
|---|---|
| Stafford loan recipients | 38732 |
| Total Stafford loan amount | $277,422,257 |
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 | 29 |
| Total GI Bill amount | $164,725 |
| Average GI Bill amount per recipient | $5,680 |
References
More about our data sources and methodologies.