Many students will not be asked to pay 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 price tag of going to University of South Carolina-Salkehatchie can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will USC Salkehatchie provide, and just what are you going to be eligible for? Read on for answers. Scroll down to learn what amount of financial assistance will be accessible to you.
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-Salkehatchie.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at University of South Carolina-Salkehatchie, 93% of the incoming full-time class was awarded financial aid some 137 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $7,951 |
| Institutional grants & scholarships | 57% | $1,079 |
| Federal Pell grants | 55% | $6,543 |
| State/local grants | 64% | $4,636 |
| Federal student loans | 28% | $4,664 |
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 USC Salkehatchie, some 88% of undergraduates were awarded grant or scholarship aid averaging $3,050 (across roughly 708 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $3,050 |
| Federal Pell grants | 20% | $5,816 |
| Federal student loans | 12% | $5,238 |
Title-IV recipients living on campus saw average grant aid of $10,068.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,101 |
| $30,001 – $75,000 | $11,988 |
| Over $75,000 | $16,629 |
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 | $9,229 |
| Off-campus title-IV students | $12,395 |
For a customized cost estimate, visit USC Salkehatchie’s NPC: sc.edu/pcnetprice/salkehatchie/.
A typical borrower at USC Salkehatchie leaves with $6,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,500 |
| Median federal debt (graduates only) | $11,000 |
| Typical 10-year monthly payment (graduates) | $116.62/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at USC Salkehatchie.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,408 |
| 25th percentile | $3,517 |
| 75th percentile | $11,919 |
| 90th percentile (highest-debt students) | $20,750 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,882 |
| Middle income | $5,696 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $13,038 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. USC Salkehatchie.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at USC Salkehatchie:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5211 |
| Total Stafford loan amount | $63,799,596 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $56,897 |
| Average GI Bill amount per recipient | $5,172 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.