by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Curious about the financial aid opportunities at South Plains College and what you may be eligible for? Explore the answers here.
South Plains College average financial aid offer for freshmen students is $5,472.00. 84% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from South Plains College you may end up taking on.
As well as scholarships, 61% of first-year students (717 total) got a federal grant, for about $5,963.00 per person.
The following scholarships and grants are composed of primarily federal grants, and some local and state grants.
61% of first-year students at South Plains College (717 total) obtained a federal grant, averaging $5,963.00.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 39.05% | $6,609.00 |
| Income 30k-48k | 13.64% | $5,915.00 |
| Income 48k-75k | 8.10% | $4,240.00 |
| Income 75k-110k | 2.47% | $1,267.00 |
| Income 110k + | 2.47% | $1,055.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
Of the 1173 undergraduate students at South Plains College around 84% (917 total) receive some form of grant aid. The typical amount awarded was $5,472.00.Most of them are distributed as Pell Grants.
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.