by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Discover the financial aid possibilities at Southern Oregon University and learn what assistance you might qualify for by continuing to read.
$6,409.00 is the typical Southern Oregon University’s first year financial aid package. Financial aid is provided to about 84% of first-year students, with the bulk of support coming in the form of grants and scholarships.
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.
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 Oregon University.
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 below apply to scholarships and grants primarily provided by Southern Oregon University.
59% of new students (364 total) were offered scholarships at Southern Oregon University, averaging $3,368.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 36% of first-year students (224 total) got federal grant aid, averaging $4,747.00 per person.
Amount of Financial Assistance Per Income Level
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 | 12.01% | $10,687.00 |
| Income 30k-48k | 6.49% | $10,252.00 |
| Income 48k-75k | 6.33% | $6,532.00 |
| Income 75k-110k | 3.90% | $2,938.00 |
| Income 110k + | 4.87% | $3,227.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
488 Southern Oregon University undergrads obtain grant aid (this is about 84% of the entire undergraduate student population). The average amount these students receive is $6,409.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
