by our College Data Analytics TeamMost students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Stephen F Austin State University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can SFASU provide, and just what are you going to be eligible for? Keep reading for answers. Read on to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Stephen F Austin State University.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Stephen F Austin State University, 91% of the incoming full-time class was awarded financial aid (about 1858 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $10,694 |
| Institutional grants & scholarships | 77% | $4,863 |
| Federal Pell grants | 47% | $6,089 |
| State/local grants | 48% | $4,590 |
| Federal student loans | 45% | $5,453 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At SFASU, about 67% of the undergraduate population received grant aid that averaged $9,340 (covering around 6395 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 67% | $9,340 |
| Federal Pell grants | 39% | $6,147 |
| Federal student loans | 41% | $6,531 |
On-campus students receiving title-IV aid were awarded grants averaging $11,531.
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 | $11,334 |
| $30,001 – $75,000 | $12,575 |
| Over $75,000 | $20,817 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,260 |
| Off-campus title-IV students | $15,152 |
For an estimate tailored to your family circumstances, see SFASU’s online cost calculator: apps.highered.texas.gov/apps/NPC/?Fice=003624.
The median federal debt load at SFASU comes to $17,750 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,750 |
| Median federal debt (graduates only) | $23,409 |
| Typical 10-year monthly payment (graduates) | $248.17/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at SFASU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,158 |
| 25th percentile | $6,682 |
| 75th percentile | $28,500 |
| 90th percentile (highest-debt students) | $40,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $18,315 |
| Middle income | $17,500 |
| High income | $17,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,979 |
| Continuing-generation students | $17,495 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,500 |
| Independent students | $19,875 |
The figure below distills the debt data into a single burden category for SFASU.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at SFASU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 46677 |
| Total Stafford loan amount | $1,037,775,655 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 117 |
| Total GI Bill amount | $920,861 |
| Average GI Bill amount per recipient | $7,871 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 20 |
| Total DoD amount | $80,260 |
| Average DoD amount per recipient | $4,013 |
References
More about our data sources and methodologies.