by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
Uncover the various financial aid options provided by GaSou and determine which ones you may be eligible for by continuing your exploration.
$6,916.00 is the typical Georgia Southern University’s first year financial aid package. Financial aid is provided to about 95% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Georgia Southern University you may end up taking on.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The following numbers pertain to assistance that is supplied by Georgia Southern University.
22% of first-year students (916 total) were offered scholarships at Georgia Southern University, averaging $4,756.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 38% of first-year students (1585 total) got federal grant aid, averaging $5,088.00 per person.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 17.03% | $9,971.00 |
| Income 30k-48k | 10.44% | $8,955.00 |
| Income 48k-75k | 9.60% | $6,427.00 |
| Income 75k-110k | 7.66% | $4,552.00 |
| Income 110k + | 11.66% | $4,136.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
3683 GaSou undergrads obtain grant aid (this is about 95% of the entire undergraduate student population). The average amount these students receive is $6,916.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.