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.
Uncover the various financial aid options provided by South University, Austin and determine which ones you may be eligible for by continuing your exploration.
$5,808.00 is the typical South University, Austin’s first year financial aid package. Approximately 78% of incoming freshmen obtain financial assistance, with the majority being offered as loans.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from South University, Austin you could end up dealing with.
In addition to scholarships, 78% of first-year students (7 total) got federal grant aid, averaging $5,772.00 per person.
The numbers and the graph following pertain to primarily federal grants, plus some local and state grants.
78% of first-year students at South University, Austin (7 total) obtained a federal grant, averaging $5,772.00.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 33.33% | $5,108.00 |
| Income 30k-48k | 44.44% | $6,334.00 |
| Income 48k-75k | 0.00% | $0.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
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 9 undergraduate students at South University, Austin around 78% (7 total) receive some form of grant aid. The typical amount awarded was $5,808.00.The largest share of which are in the guise of 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.