by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
What financial aid options does SNHU offer, and what will you qualify for? Keep scrolling for answers.
Southern New Hampshire University average financial aid offer for freshmen students is $9,345.00. About 81% of first year students receive financial aid, most of which is in the form of 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.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Southern New Hampshire University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by Southern New Hampshire University.
34% of first-year students (998 total) were offered scholarships at Southern New Hampshire University, averaging $13,951.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 68% of freshmen (1985 total) received a federal grant, for about $2,986.00 a person.
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 | 37.08% | $5,370.00 |
| Income 30k-48k | 8.43% | $7,090.00 |
| Income 48k-75k | 7.98% | $8,748.00 |
| Income 75k-110k | 5.19% | $11,637.00 |
| Income 110k + | 8.74% | $14,686.00 |
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.
81% of the 2907 undergraduates at Southern New Hampshire University receive some sort of grant aid. This is a total of about 2173 students getting an average of $9,345.00 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.