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University of Sioux Falls Financial Aid and Scholarship Details

100% Freshmen Get Financial Aid
$12,973 Average Grant & Scholarship
93% Undergrads Get Grant Aid

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 total cost of going to University of Sioux Falls can seem overwhelming, but bear in mind that many students are given some form of financial aid.

Just what financing solutions does University of Sioux Falls deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to learn just how much financial aid will be open to you.

Understanding University of Sioux Falls Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from University of Sioux Falls.

Freshman Financial Aid at University of Sioux Falls

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

For freshmen starting at University of Sioux Falls, 100% of first-time, full-time freshmen received some form of financial aid approximately 307 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$12,782
Institutional grants & scholarships100%$10,554
Federal Pell grants32%$5,417
State/local grants9%$1,877
Federal student loans75%$5,251

Undergraduate Grant Aid at University of Sioux Falls

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At University of Sioux Falls, approximately 93% of undergrads got grants or scholarships worth on average $12,973 (covering around 1188 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)93%$12,973
Federal Pell grants29%$5,521
Federal student loans67%$6,533

For students living on campus and receiving title-IV aid, grants averaged $12,891.

Aid by Income Level at University of Sioux Falls

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$17,110
$30,001 – $75,000$17,611
Over $75,000$22,887

Remember these are net prices — what families pay after gift aid, not before.

Average Net Price for University of Sioux Falls

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$21,383
Off-campus title-IV students$20,874

To get a personalized net price estimate, try University of Sioux Falls’s net price tool: apps.usiouxfalls.edu/npc?ref=fa.

Median Student Debt for Graduates of University of Sioux Falls

Graduating students at University of Sioux Falls carry a median federal student debt of $16,141 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$16,141
Median federal debt (graduates only)$23,249
Typical 10-year monthly payment (graduates)$246.48/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

The Full Range of Student Debt

The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at University of Sioux Falls.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,718
25th percentile$6,500
75th percentile$25,000
90th percentile (highest-debt students)$30,500

Debt by Student Cohort at University of Sioux Falls

Median debt varies by family income, by first-generation status, and by dependency status.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$15,250
Middle income$16,529
High income$16,655

First-Generation Comparison

CohortMedian federal debt
First-generation students$15,250
Continuing-generation students$17,500

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$15,750
Independent students$19,359

Debt Burden Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. University of Sioux Falls.

Student Loans at University of Sioux Falls

Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at University of Sioux Falls:

MetricValue
Stafford loan recipients6500
Total Stafford loan amount$106,578,439

Veteran and Military Aid at University of Sioux Falls

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients27
Total GI Bill amount$306,826
Average GI Bill amount per recipient$11,364

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients3
Total DoD amount$11,250
Average DoD amount per recipient$3,750

More Financial Aid Resources from University of Sioux Falls

References

More about our data sources and methodologies.

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