$4,850

Avg. Federal Grant

$5,194

Avg. Federal Loan

$114,659,538

Total Aid Awarded

Savannah College of Art and Design (SCAD) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$114.660M

Financial Aid Official Website

www.scad.edu/admission/financial-aid-and-scholarships

Savannah College of Art and Design University is accredited by the Southern Association of Colleges and Schools Commission. Students from various backgrounds apply for admission in this University. Most of the students require financial aid, which is why the college ensures that students get the appropriate aid as long as their eligibility is met.

University also provides scholarships and grants to students who either show academic excellence, or is in need of substantial financial assistance.

Scholarships

Savannah College of Art and Design University provides scholarships to students based on their academic excellence. Hence, they are usually merit based; desired qualities such as academic achievement, athletic ability, or community or extra-curricular involvement are some of the factors. Scholarships can come from the federal or state government, or the institute itself.

In case of undergraduate scholarships, SCAD academic scholarships are offered by them. The amount offered lies between the range of US$1,500 to $12,000, with the eligibility criteria prioritizing the student’s academic excellence. 

SCAD achievement scholarships are valued at about US$1,000 to $7,500 with eligibility criteria prioritizing the student’s achievements.

For graduates, scholarships such as SCAD Honors and Dean’s Fellowship require the student to possess excellent academic scores. Also Scholarships like Dean's Fellowship requires a cumulative grade point average of at least 3.5

For further details and list of scholarships please visit the university’s scholarships page.

Grants

Grants are often called "gift aid" because students are not required to repay the amount awarded to them, unless they lose their eligibility for it. Grants are often need-based and can come from the federal government, state government, or the institute itself. Some of the grants offered by SCAD are: 

SCAD Student Grant

Savannah College of Art and Design provides grants to students ranging from US$1,500 to US$3,000 depending on their grade levels and eligibility, the latter of which is determined by their FAFSA application.

SCAD Athletic Grant

Savannah College of Art and Design provides athletic grants to students ranging from US$2,000 to US$12,000 depending on their grade level and eligibility. This grant is awarded by the college’s sports coach, with the eligibility stretching for only a year. Students applying for this grant must sign a contract in order to obtain it.

Federal Pell Grants

The Pell Grant is a need-based grant available to degree-seeking students who are pursuing their first undergraduate degree. Student eligibility is based upon the Expected Family Contribution (EFC), as calculated by the federal government based on the information the student provided in their FAFSA applications. The amount provided is up to US$6,095, with the eligibility criteria defined by the EFC, which lies between US$0 and US$5,486

Georgia Tuition Equalization Grant

The Georgia Tuition Equalization Grant Program (GTEG) encourages the residents of Georgia to attend eligible private state colleges by providing assistance towards educational costs. The amount provided ranges between US$900 to US$1,200.

Supplemental Education Opportunity Grant (SEOG)

The Supplementary Education Opportunity Grant program was established to assist in making the benefits of postsecondary education available to first-time, degree-seeking, undergraduate students. Awards are based upon the remaining unanswered needs of students eligible for the Pell Grant. Funds are available to students on a limited basis; the amount provided is between the ranges of US$100 - US$4,000, with the eligibility criteria defined as per the financial needs.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

22%

State Grant Aid

14%

Institution Grant Aid

97%

Pell Grant

22%

Average Aid Awarded

Federal Grant Aid

$4,850

State Grant Aid

$3,809

Institution Grant Aid

$10,869

Pell Grant

$4,536

Savannah College of Art and Design provided multiple aids, with about 91% of students receiving them. On an average:

  • The Federal Grants awarded to students offer an average aid of US$4,850.

  • The average aid amount among Pell Grant receivers is about US$4,536, with almost 22% of students receiving it.

  • The State Grant average aid is US$3,809 and the percentage of students receiving it is 14%.

  • Almost US$10870 is estimated to be the average aid amount for Institution Grants among 97% of the students receiving it.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$16,295

$30,001 - $48,000

$16,092

$48,001 - $75,000

$12,581

$75,001 - $110,000

$11,656

Over $110,000

$11,857

This is in the form of federal aids depending on the income of the student or the student’s family. It’s segregated in 5 different family income types to help determine the appropriate average amount of federal aid you may receive when placed against your family income. Depending on the financial aid available to the family or the student, the income bracket may either pay more or less than the overall average costs. 

The federal aid for the Family Income ranging between US$0 to 30,000 stands at about US$16,295. A slight change is observed when we see that the aid provided is US$16,092 for income brackets between US$30,000 to 48,000. For income ranges US$48,001 to 75,000, the aid provided is US$12,581. Finally, we have income ranges US$75,000 to 110,000 and US$110,000 and above that provide about US$11,656 and US$11,857 worth of financial aid, respectively.

Student Loans for Savannah College of Art and Design (SCAD)

Average Loan Amount Average Loan Amount received per year.

$10,465/Year

Students Taking Out Loans

49%

Loan Default Rate

5.5%

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