by our College Data Analytics TeamA lot of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Southern State Community College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will Southern State Community College deliver, and just what are you going to be eligible for? Read on for answers. Keep going to learn how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Southern State Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Southern State Community College, 82% of new full-time first-years were awarded at least some aid approximately 102 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $5,513 |
| Institutional grants & scholarships | 37% | $2,505 |
| Federal Pell grants | 56% | $5,468 |
| State/local grants | 6% | $1,759 |
| Federal student loans | 27% | $4,742 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, some 31% of undergraduates were awarded an average grant or scholarship of $5,093 (covering around 619 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 31% | $5,093 |
| Federal Pell grants | 22% | $4,140 |
| Federal student loans | 13% | $6,057 |
For on-campus title-IV students, average grant aid came to $5,570.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,458 |
| $30,001 – $75,000 | $10,588 |
| Over $75,000 | $15,084 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $9,674 |
| Off-campus title-IV students | $10,918 |
To project your own net price, use Southern State Community College’s net price tool: www.sscc.edu/_private/npcalc.htm.
The median student at Southern State Community College graduates with $7,433 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,433 |
| Median federal debt (graduates only) | $11,457 |
| Typical 10-year monthly payment (graduates) | $121.46/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Southern State Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,398 |
| 25th percentile | $2,872 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $19,265 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $7,148 |
| Middle income | $7,617 |
| High income | $7,682 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,426 |
| Continuing-generation students | $7,570 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,286 |
| Independent students | $8,273 |
The figure below distills the debt data into a single burden category for Southern State Community College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Southern State Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9398 |
| Total Stafford loan amount | $87,818,004 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 21 |
| Total GI Bill amount | $92,191 |
| Average GI Bill amount per recipient | $4,390 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $1,920 |
| Average DoD amount per recipient | $1,920 |
References
More about our data sources and methodologies.