by our College Data Analytics TeamThe total cost of attendance at Spartanburg Methodist College can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
What amount of SMC financial assistance will actually be available to you?Get answers to your questions here.
$16,425.00 is the typical Spartanburg Methodist College’s first year financial aid package. 100% of reshman students get financial aid, most of which is in the form of grants and scholarships
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Spartanburg Methodist College.
As well as scholarships, 64% of freshmen (329 total) obtained a federal grant, for about $5,342.00 a piece.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
64% of first years at Spartanburg Methodist College (329 total) obtained a federal grant, averaging $5,342.00.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 34.63% | $18,205.00 |
| Income 30k-48k | 19.26% | $16,623.00 |
| Income 48k-75k | 12.65% | $16,196.00 |
| Income 75k-110k | 7.00% | $15,064.00 |
| Income 110k + | 6.03% | $14,371.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
512 SMC undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $16,425.00.
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.