by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Interested in understanding the financial aid resources available at Jacksonville State University and your eligibility? Find the answers you seek below.
$7,875.00 is the typical Jacksonville State University’s first year financial aid package. 99% of first-year students are awarded financial aid, primarily comprising loans.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Jacksonville State 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 next numbers refer to grants and scholarships mainly supplied by the college itself.
99% of new students (1452 total) were given scholarships at Jacksonville State University, averaging $4,556.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 72% of freshmen (1065 total) obtained a federal grant, for about $4,549.00 a piece.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 31.45% | $6,822.00 |
| Income 30k-48k | 13.48% | $5,397.00 |
| Income 48k-75k | 11.91% | $2,445.00 |
| Income 75k-110k | 11.16% | $584.00 |
| Income 110k + | 4.49% | $283.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
99% of the 1469 undergraduates at Jacksonville State University receive some sort of grant aid. This is a total of about 1460 students getting an average of $7,875.00 per person.
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.