Savannah State University Financial Aid and Scholarships
Students Receiving Aid
87%
Total Aid Amount
$28.335M
Financial Aid Official Website
www.savannahstate.edu/fiscal-affairs/financial-aid.shtml
It is interesting to note that, every year, around 97% of students at SSU receive some kind of financial aid, while the total amount of assistance/loans provided is $19,980,806. One can visit SSU's financial aid page at http://www.savannahstate.edu/fiscal-affairs/financial-aid.shtml for more information. At SSU, the total percentage of applicants who receive the Federal Grant stands at 78%. On the other hand, 91% of the candidates get the Student Grant, 38% receive the Institution Grant, and 78% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,402, while the same comes to $4,488 for State Grant receivers and $8,346 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,850. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 82% of the applicants to Savannah State University opt for student loans.