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What Kind of SIUC Fin Aid Could You Get?

Many students attending Southern Illinois University Carbondale 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.

The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from SIUC.

Table of Contents:

How Much Financial Aid Can First-Time Students Expect at SIUC?

$13,267.00 is the typical Southern Illinois University Carbondale’s first year financial aid package. 97% of reshman students get financial aid, most of which is in the form of grants and scholarships

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Is it a True Discount?

Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.

What About Student Loans?

Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Southern Illinois University Carbondale.

How Much Aid Is Offered in Grants & Scholarships?

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 Illinois University Carbondale.

87% of incoming freshmen (891 total) were given scholarships at Southern Illinois University Carbondale, averaging $9,455.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.

In addition to scholarships, 34% of first-year students (345 total) got federal grant aid, averaging $5,416.00 per person.

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Amount of Aid By Family Income

The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k14.23%$17,358.00
Income 30k-48k9.13%$16,797.00
Income 48k-75k12.76%$14,524.00
Income 75k-110k12.95%$10,182.00
Income 110k +15.60%$7,574.00

Title IV Aid

The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.

The Standard Undergraduate Receiving a Grant or Scholarship Obtains $13,267.00.

97% of the 1019 undergraduates at Southern Illinois University Carbondale receive some sort of grant aid. This is a total of about 938 students getting an average of $13,267.00 per person.

Seeking Information on Tuition and Fee Expenses?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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