by our College Data Analytics TeamMost students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Southern Oregon University can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will Southern Oregon University provide, and just what are you going to be eligible for? Read on for answers. Scroll down to learn how much school funding will be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Southern Oregon University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Southern Oregon University, 94% of the incoming full-time class was awarded financial aid approximately 557 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $8,788 |
| Institutional grants & scholarships | 86% | $4,567 |
| Federal Pell grants | 37% | $5,611 |
| State/local grants | 26% | $6,160 |
| Federal student loans | 45% | $11,131 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, about 48% of the undergraduate population received grant aid that averaged $8,889 (for some 2066 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $8,889 |
| Federal Pell grants | 25% | $5,169 |
| Federal student loans | 28% | $9,495 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $10,904.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,427 |
| $30,001 – $75,000 | $14,740 |
| Over $75,000 | $21,811 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $16,732 |
| Off-campus title-IV students | $16,470 |
To project your own net price, use Southern Oregon University’s official net price calculator: sou.edu/financial-aid/cost-of-attendance/tuition-calculator/.
Graduating students at Southern Oregon University carry a median federal student debt of $15,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $20,332 |
| Typical 10-year monthly payment (graduates) | $215.55/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Southern Oregon University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,333 |
| 75th percentile | $26,000 |
| 90th percentile (highest-debt students) | $35,843 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $16,758 |
| Middle income | $14,428 |
| High income | $14,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,137 |
| Continuing-generation students | $14,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,000 |
| Independent students | $18,103 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Southern Oregon University.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Southern Oregon University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19239 |
| Total Stafford loan amount | $418,784,986 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 83 |
| Total GI Bill amount | $767,609 |
| Average GI Bill amount per recipient | $9,248 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 61 |
| Total DoD amount | $207,043 |
| Average DoD amount per recipient | $3,394 |
References
More about our data sources and methodologies.