by our College Data Analytics TeamMany students attending Southern Connecticut State University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Interested in understanding the financial aid resources available at SCSU and your eligibility? Find the answers you seek below.
Southern Connecticut State University average financial aid offer for freshmen students is $6,338.00. A significant 94% of freshmen benefit from financial aid, with the main type being loans.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Southern Connecticut State University you may end up taking on.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers listed below make reference to help that is offered by Southern Connecticut State University.
28% of new students (419 total) were offered scholarships at Southern Connecticut State University, averaging $4,896.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 90% of freshman students (1347 total) obtained federal grant aid, averaging $3,488.00 a piece.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.45% | $7,635.00 |
| Income 30k-48k | 12.23% | $6,203.00 |
| Income 48k-75k | 9.10% | $4,405.00 |
| Income 75k-110k | 5.65% | $1,538.00 |
| Income 110k + | 2.46% | $724.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 1505 undergraduate students at Southern Connecticut State University around 94% (1372 total) receive some form of grant aid. The typical amount awarded was $6,338.00.Most of them are distributed as Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
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