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University of South Carolina-Salkehatchie Financial Aid & Scholarships

93% Freshmen Get Financial Aid
$3,050 Average Grant & Scholarship
88% Undergrads Get Grant Aid

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.

Why You Should Understand USC Salkehatchie Financial 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-Salkehatchie.

Average Freshman Financial Aid at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)91%$7,951
Institutional grants & scholarships57%$1,079
Federal Pell grants55%$6,543
State/local grants64%$4,636
Federal student loans28%$4,664

Free Money: Grants and Scholarships at University of South Carolina-Salkehatchie

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)88%$3,050
Federal Pell grants20%$5,816
Federal student loans12%$5,238

Title-IV recipients living on campus saw average grant aid of $10,068.

What Families Pay by Income at University of South Carolina-Salkehatchie

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage 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 at University of South Carolina-Salkehatchie

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.

CohortAverage 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/.

Median Student Debt for Graduates of University of South Carolina-Salkehatchie

A typical borrower at USC Salkehatchie leaves with $6,500 in federal student debt.

MetricAmount
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.

How Debt Is Distributed Across Students

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.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,408
25th percentile$3,517
75th percentile$11,919
90th percentile (highest-debt students)$20,750

How Debt Outcomes Vary by Student Group at University of South Carolina-Salkehatchie

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

By Family Income

Income tierMedian federal debt
Low income$7,882
Middle income$5,696
High income$5,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$6,500
Continuing-generation students$5,500

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$5,500
Independent students$13,038

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. USC Salkehatchie.

Federal Student Loans at University of South Carolina-Salkehatchie

The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at USC Salkehatchie:

MetricValue
Stafford loan recipients5211
Total Stafford loan amount$63,799,596

Veterans Benefits at University of South Carolina-Salkehatchie

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients11
Total GI Bill amount$56,897
Average GI Bill amount per recipient$5,172

DoD program volume

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

References

More about our data sources and methodologies.

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