by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$5,250.00 is the typical Southern University at New Orleans’s first year financial aid package. 95% of first-year students are awarded financial aid, primarily comprising loans.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Southern University at New Orleans.
In addition to scholarships, 83% of first years (174 total) were awarded federal grant aid, averaging $4,677.00 each.
The following scholarships and grants are composed of primarily federal grants, and some local and state grants.
83% of freshman students at Southern University at New Orleans (174 total) got a federal grant, averaging $4,677.00.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 59.81% | $4,891.00 |
| Income 30k-48k | 12.92% | $4,674.00 |
| Income 48k-75k | 5.26% | $2,040.00 |
| Income 75k-110k | 0.48% | $250.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
95% of the 209 undergraduates at Southern University at New Orleans receive some sort of grant aid. This is a total of about 182 students getting an average of $5,250.00 per person.The majority of which come in the form of Pell Grants.
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.