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.
What financial aid options does South University’s online programs offer, and what will you qualify for? Keep scrolling for answers.
South University’s online programs average financial aid offer for freshmen students is $5,852.00. About 94% of first year students receive financial aid, most of which is in the form of loans.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at South University’s online programs.
As well as scholarships, 88% of freshmen (127 total) obtained a federal grant, for about $5,833.00 a piece.
The following scholarships and grants are composed of primarily federal grants, and some local and state grants.
88% of first-year students at South University’s online programs (127 total) got a federal grant, averaging $5,833.00.
Amount of Financial Assistance Per Income Level
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 79.17% | $5,814.00 |
| Income 30k-48k | 7.64% | $3,873.00 |
| Income 48k-75k | 1.39% | $4,520.00 |
| Income 75k-110k | 0.69% | $3,631.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 144 undergraduate students at South University’s online programs around 94% (129 total) receive some form of grant aid. The typical amount awarded was $5,852.00.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.