by our College Data Analytics TeamMany students are not billed 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 South Carolina-Lancaster can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does USC Lancaster offer, and what will you qualify for? Keep scrolling for more information. Scroll down to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from University of South Carolina-Lancaster.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For incoming first-year students at University of South Carolina-Lancaster, 93% of first-year full-time students received aid of some kind around 315 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $7,245 |
| Institutional grants & scholarships | 40% | $1,444 |
| Federal Pell grants | 33% | $5,544 |
| State/local grants | 85% | $5,047 |
| Federal student loans | 34% | $5,001 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 81% of undergraduate students received gift aid averaging $2,693 (covering around 1887 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $2,693 |
| Federal Pell grants | 10% | $5,390 |
| Federal student loans | 10% | $5,497 |
Title-IV recipients living on campus saw average grant aid of $8,881.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,685 |
| $30,001 – $75,000 | $9,323 |
| Over $75,000 | $13,571 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $9,801 |
| Off-campus title-IV students | $9,735 |
To project your own net price, use USC Lancaster’s net price calculator: sc.edu/pcnetprice/lancaster/.
The median student at USC Lancaster graduates with $5,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $9,616 |
| Typical 10-year monthly payment (graduates) | $101.95/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,500 |
| Middle income | $5,500 |
| High income | $5,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
A handful of calculated indicators summarize the debt outlook at USC Lancaster.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at USC Lancaster:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4391 |
| Total Stafford loan amount | $53,824,360 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 8 |
| Total GI Bill amount | $47,532 |
| Average GI Bill amount per recipient | $5,942 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $6,579 |
| Average DoD amount per recipient | $3,290 |
References
More about our data sources and methodologies.