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Southern Illinois University Edwardsville Financial Aid Details

95% Freshmen Get Financial Aid
$9,968 Average Grant & Scholarship
75% Undergrads Get Grant Aid

Many students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Southern Illinois University Edwardsville can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

Just what financial aid solutions can SIUE deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to discover what amount of financial assistance could be accessible to you.

Importance of SIUE Financial Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Southern Illinois University Edwardsville.

Freshman Financial Aid at Southern Illinois University Edwardsville

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

At Southern Illinois University Edwardsville, 95% of new full-time first-years were awarded at least some aid around 1506 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)91%$11,602
Institutional grants & scholarships89%$5,414
Federal Pell grants40%$6,059
State/local grants42%$7,771
Federal student loans41%$4,872

Scholarship and Grant Awards at Southern Illinois University Edwardsville

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At SIUE, around 75% of undergraduates were awarded grant or scholarship aid averaging $9,968 (for some 6762 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)75%$9,968
Federal Pell grants33%$5,688
Federal student loans38%$6,262

On-campus students receiving title-IV aid were awarded grants averaging $14,030.

Net Price by Family Income at Southern Illinois University Edwardsville

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$8,197
$30,001 – $75,000$10,662
Over $75,000$19,715

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

What Students Actually Pay at Southern Illinois University Edwardsville

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$14,889
Off-campus title-IV students$13,696

To get a personalized net price estimate, try SIUE’s NPC: siue.studentaidcalculator.com/welcome.aspx.

Median Student Debt for Graduates of Southern Illinois University Edwardsville

The median federal debt load at SIUE comes to $15,500 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$15,500
Median federal debt (graduates only)$20,500
Typical 10-year monthly payment (graduates)$217.33/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

Where Student Debt Falls

The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at SIUE.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,500
25th percentile$5,656
75th percentile$25,000
90th percentile (highest-debt students)$33,850

Student Debt by Cohort at Southern Illinois University Edwardsville

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$17,048
Middle income$15,000
High income$15,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$16,000
Continuing-generation students$15,000

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$15,077
Independent students$17,228

Debt Burden Indicators

The figure below distills the debt data into a single burden category for SIUE.

Stafford Loan Activity at Southern Illinois University Edwardsville

Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at SIUE:

MetricValue
Stafford loan recipients43683
Total Stafford loan amount$1,020,635,805

Military and Veterans Aid at Southern Illinois University Edwardsville

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients547
Total GI Bill amount$2,404,910
Average GI Bill amount per recipient$4,397

DoD program volume

MetricValue
DoD Tuition Assistance recipients15
Total DoD amount$9,000
Average DoD amount per recipient$600

References

More about our data sources and methodologies.

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