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 amount of SC financial assistance will actually be available to you?Get answers to your questions here.
$21,844.00 is the typical Southwestern College’s first year financial aid package. Financial aid is provided to about 100% of first-year students, with the bulk of support coming 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.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Southwestern College.
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 listed below make reference to help that is offered by Southwestern College.
99% of new students (159 total) were given scholarships at Southwestern College, averaging $18,407.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 55% of first-year students (88 total) got federal grant aid, averaging $5,659.00 per person.
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 | 28.12% | $23,806.00 |
| Income 30k-48k | 12.50% | $24,452.00 |
| Income 48k-75k | 14.37% | $22,735.00 |
| Income 75k-110k | 11.25% | $19,381.00 |
| Income 110k + | 17.50% | $17,137.00 |
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 160 undergraduate students at Southwestern College around 100% (159 total) receive some form of grant aid. The typical amount awarded was $21,844.00.
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.