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University of South Carolina Aiken Financial Aid & Debt Outcomes

96% Freshmen Get Financial Aid
$8,331 Average Grant & Scholarship
71% Undergrads Get Grant Aid

Many 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 total cost of going to University of South Carolina Aiken can seem tremendous, but do not forget that almost all students are given some form of financial help.

What financial aid options can UofSC Aiken offer, and what will you qualify for? Keep reading for more information. Keep scrolling to see what amount of financial assistance could be accessible to you.

Importance of UofSC Aiken Aid Information

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The figures below will help you estimate the aid you might receive from University of South Carolina Aiken.

What First Years Receive at University of South Carolina Aiken

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

For freshmen starting at University of South Carolina Aiken, 96% of new full-time first-years were awarded at least some aid around 587 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)93%$8,904
Institutional grants & scholarships24%$2,945
Federal Pell grants51%$6,067
State/local grants82%$5,419
Federal student loans51%$5,037

Scholarships and Grants at University of South Carolina Aiken

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, some 71% of undergrads got grants or scholarships worth on average $8,331 (among about 2223 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)71%$8,331
Federal Pell grants39%$5,822
Federal student loans43%$6,438

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $9,899.

What Families Pay by Income at University of South Carolina Aiken

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

Family IncomeAverage Net Price
$0 – $48,000$8,475
$30,001 – $75,000$11,205
Over $75,000$16,427

Each figure is the net price after grants and scholarships, not the published sticker price.

What Students Actually Pay at University of South Carolina Aiken

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$11,641
Off-campus title-IV students$11,611

For a personalized estimate based on your family’s financial situation, use UofSC Aiken’s official net price calculator: ie.usca.edu/NetPrice/npcalc.htm.

Student Debt Levels at University of South Carolina Aiken

The median federal debt load at UofSC Aiken comes to $13,000 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$13,000
Median federal debt (graduates only)$24,275
Typical 10-year monthly payment (graduates)$257.36/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

The Full Range of Student Debt

A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at UofSC Aiken.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,500
25th percentile$5,500
75th percentile$27,000
90th percentile (highest-debt students)$37,250

Debt by Student Cohort at University of South Carolina Aiken

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$13,516
Middle income$14,000
High income$12,000

By First-Generation Status

CohortMedian federal debt
First-generation students$12,996
Continuing-generation students$13,250

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$12,816
Independent students$13,933

Summary Debt Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. UofSC Aiken.

Federal Student Loans at University of South Carolina Aiken

Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at UofSC Aiken:

MetricValue
Stafford loan recipients13293
Total Stafford loan amount$260,324,326

Veteran and Military Aid at University of South Carolina Aiken

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients146
Total GI Bill amount$1,197,791
Average GI Bill amount per recipient$8,204

DoD program volume

MetricValue
DoD Tuition Assistance recipients34
Total DoD amount$99,500
Average DoD amount per recipient$2,926

External Resources for University of South Carolina Aiken

References

More about our data sources and methodologies.

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