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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $11,602 |
| Institutional grants & scholarships | 89% | $5,414 |
| Federal Pell grants | 40% | $6,059 |
| State/local grants | 42% | $7,771 |
| Federal student loans | 41% | $4,872 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $9,968 |
| Federal Pell grants | 33% | $5,688 |
| Federal student loans | 38% | $6,262 |
On-campus students receiving title-IV aid were awarded grants averaging $14,030.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average 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.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average 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.
The median federal debt load at SIUE comes to $15,500 in federal loans.
| Metric | Amount |
|---|---|
| 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.
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.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,656 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $33,850 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $17,048 |
| Middle income | $15,000 |
| High income | $15,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,000 |
| Continuing-generation students | $15,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,077 |
| Independent students | $17,228 |
The figure below distills the debt data into a single burden category for SIUE.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at SIUE:
| Metric | Value |
|---|---|
| Stafford loan recipients | 43683 |
| Total Stafford loan amount | $1,020,635,805 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 547 |
| Total GI Bill amount | $2,404,910 |
| Average GI Bill amount per recipient | $4,397 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 15 |
| Total DoD amount | $9,000 |
| Average DoD amount per recipient | $600 |
References
More about our data sources and methodologies.