by our College Data Analytics TeamA large number of students are not billed 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 sum total of attendance at Southern University at Shreveport can sound tremendous, but do not forget that almost all students get some type of financial help.
What financial aid options can Southern University at Shreveport offer, and what will you qualify for? Keep reading for more information. Scroll down to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Southern University at Shreveport.
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 University at Shreveport, 92% of new full-time first-years were awarded at least some aid (about 353 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $7,185 |
| Institutional grants & scholarships | 11% | $2,543 |
| Federal Pell grants | 86% | $6,193 |
| State/local grants | 21% | $2,406 |
| Federal student loans | 92% | $3,948 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Southern University at Shreveport, some 53% of undergraduates were awarded an average grant or scholarship of $5,819 (covering around 1674 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,819 |
| Federal Pell grants | 51% | $5,262 |
| Federal student loans | 58% | $4,317 |
For students living on campus and receiving title-IV aid, grants averaged $5,968.
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 | $12,508 |
| $30,001 – $75,000 | $13,579 |
| Over $75,000 | $17,270 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,049 |
| Off-campus title-IV students | $12,890 |
To project your own net price, use Southern University at Shreveport’s net price tool: www.susla.edu/page/net-price-calculator.
Graduating students at Southern University at Shreveport carry a median federal student debt of $7,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $7,500 |
| Median federal debt (graduates only) | $18,500 |
| Typical 10-year monthly payment (graduates) | $196.13/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Southern University at Shreveport.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $4,750 |
| 75th percentile | $14,250 |
| 90th percentile (highest-debt students) | $21,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,000 |
| Middle income | $6,750 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $7,500 |
| Continuing-generation students | $7,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $8,682 |
These indicators are derived from the underlying debt data and summarize the overall picture at Southern University at Shreveport.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Southern University at Shreveport:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14627 |
| Total Stafford loan amount | $170,814,749 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 55 |
| Total GI Bill amount | $89,496 |
| Average GI Bill amount per recipient | $1,627 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.