by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Southern University and A & M College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does Southern University and A & M College offer you, and what will you qualify for? Keep scrolling for more information. Read on to see how much school funding could be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Southern University and A & M College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Southern University and A & M College, 98% of first-year full-time students received aid of some kind some 1587 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $7,945 |
| Institutional grants & scholarships | 16% | $3,582 |
| Federal Pell grants | 83% | $6,496 |
| State/local grants | 28% | $3,652 |
| Federal student loans | 86% | $8,577 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 77% of undergraduates were awarded an average grant or scholarship of $8,290 (across approximately 5077 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $8,290 |
| Federal Pell grants | 68% | $6,201 |
| Federal student loans | 72% | $6,633 |
For on-campus title-IV students, average grant aid came to $6,264.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,743 |
| $30,001 – $75,000 | $20,152 |
| Over $75,000 | $23,736 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $20,077 |
| Off-campus title-IV students | $19,740 |
To get a personalized net price estimate, try Southern University and A & M College’s net price tool: www.subr.edu/page/net-price-calculator.
A typical borrower at Southern University and A & M College leaves with $15,455 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,455 |
| Median federal debt (graduates only) | $29,251 |
| Typical 10-year monthly payment (graduates) | $310.11/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Southern University and A & M College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,500 |
| 25th percentile | $6,500 |
| 75th percentile | $31,000 |
| 90th percentile (highest-debt students) | $44,725 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $15,250 |
| Middle income | $15,000 |
| High income | $16,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,250 |
| Continuing-generation students | $15,875 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $19,719 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Southern University and A & M College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Southern University and A & M College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 48956 |
| Total Stafford loan amount | $1,590,546,959 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 63 |
| Total GI Bill amount | $238,135 |
| Average GI Bill amount per recipient | $3,780 |
References
More about our data sources and methodologies.