by our College Data Analytics TeamA lot of students will never be charged 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 sum total of attendance at Southwest College for the Deaf can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does SWCID provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling 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 figures below will help you estimate the aid you might receive from Southwest College for the Deaf.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
At Southwest College for the Deaf, 100% of the incoming full-time class was awarded financial aid (about 15 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $10,960 |
| Institutional grants & scholarships | 20% | $1,800 |
| Federal Pell grants | 67% | $5,561 |
| State/local grants | 100% | $6,853 |
| Federal student loans | 0% | — |
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 96% of undergrads got grants or scholarships worth on average $11,853 (across roughly 45 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $11,853 |
| Federal Pell grants | 74% | $5,557 |
| Federal student loans | 6% | $10,892 |
For on-campus title-IV students, average grant aid came to $10,860.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $3,055 |
| $30,001 – $75,000 | $8,186 |
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 | $2,458 |
| Off-campus title-IV students | $5,355 |
To project your own net price, use SWCID’s online cost calculator: www.highered.texas.gov/institutional-resources-programs/net-price-calculator/.
A typical borrower at SWCID leaves with $6,250 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,250 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at SWCID.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $9,500 |
| 90th percentile (highest-debt students) | $14,078 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,125 |
| Middle income | $5,977 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,213 |
| Continuing-generation students | $6,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $8,127 |
These indicators are derived from the underlying debt data and summarize the overall picture at SWCID.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at SWCID:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5787 |
| Total Stafford loan amount | $51,441,739 |
References
More about our data sources and methodologies.