A large number of students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Southern University Law Center can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will Southern University Law Center offer you, and what will you qualify for? Read on 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. Read on to get a sense of the financial assistance available at Southern University Law Center.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
The median student at Southern University Law Center graduates 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 |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Southern University Law Center.
| 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 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $15,250 |
| Middle income | $15,000 |
| High income | $16,750 |
First-Gen vs Continuing-Gen Median Debt
| 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 Law Center.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Southern University Law Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 48956 |
| Total Stafford loan amount | $1,590,546,959 |
References
More about our data sources and methodologies.