$5,197

Avg. Federal Grant

$6,399

Avg. Federal Loan

$28,335,458

Total Aid Awarded

Savannah State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

82%

State Grant Aid

22%

Institution Grant Aid

37%

Pell Grant

82%

Average Aid Awarded

Federal Grant Aid

$5,197

State Grant Aid

$4,189

Institution Grant Aid

$8,111

Pell Grant

$5,054

It is important to realize what number of students get certain aids since it gives the students a smart idea of what's in store from all sorts of assistance they are expecting.

You can apply for the financial aid by filling the FAFSA application form, the significant point to raise is how often as well as to whom is a sure aid given.

With regards to awards, students get the chance to take up various awards; government, institutional, or state awards.

As per the records observed, 82% of the students are awarded Federal Grant Aid which adds up to at a normal of $5,197.

Almost 82% of the students receive Pell Grants which add up to a normal of around $5,054.

Roughly 22% of the students are eligible for state awards at a normal of around $4,189.

37% of the students get institutional awards which add up to a normal of around $8,111.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,445

$30,001 - $48,000

$6,584

$48,001 - $75,000

$3,211

$75,001 - $110,000

$1,863

Over $110,000

$1,853

Financial aid in the form of federal aid is provided to a student, depending on the income of the student or the student’s family.

The average federal aid in Savannah State University is calculated according to the family income of the student and is segregated into 5 different income brackets.,

For a student who has a family income ranging from 0 to $30,000, the average federal aid provided is $7,445 whereas a student having a family income ranging from $30,001 to $48,000 the average federal aid is $6,584. The student who has a family income ranging from $48,001 to $75,000 gets financial assistance for $3,211 whereas the student having an annual income ranging from $75,001 to $110,000 gets $1,863. And the student has an annual income range greater than $110,000 gets average federal aid of $1,853.

Student Loans for Savannah State University

Average Loan Amount Average Loan Amount received per year.

$7,119/Year

Students Taking Out Loans

81%

Loan Default Rate

13.9%

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