by our College Data Analytics TeamMany students attending University of South Alabama can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Curious about the financial aid opportunities at USA and what you may be eligible for? Explore the answers here.
$6,866.00 is the typical University of South Alabama’s first year financial aid package. Financial aid is provided to about 95% of first-year students, with the bulk of support coming in the form of loans.
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.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at University of South Alabama.
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 next numbers refer to grants and scholarships mainly supplied by the college itself.
70% of new students (1112 total) were given scholarships at University of South Alabama, averaging $5,382.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 59% of freshmen (950 total) received a federal grant, for about $4,801.00 a person.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 19.25% | $8,788.00 |
| Income 30k-48k | 10.56% | $7,977.00 |
| Income 48k-75k | 5.81% | $4,126.00 |
| Income 75k-110k | 0.50% | $249.00 |
| Income 110k + | 0.12% | $103.00 |
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.
1438 USA undergrads obtain grant aid (this is about 95% of the entire undergraduate student population). The average amount these students receive is $6,866.00.
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.