$6,362

Avg. Federal Grant

$5,101

Avg. Federal Loan

$35,070,486

Total Aid Awarded

Sewanee-The University of the South Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$35.070M

Financial Aid Official Website

admission.sewanee.edu/

It is interesting to note that, every year, around 98% of students at TUS receive some kind of financial aid, while the total amount of assistance/loans provided is $3,160,702. At TUS, the total percentage of applicants who receive the Federal Grant stands at 14%. In comparison, 98% of the students are awarded the Student Grant, 98% get the Institution Grant, and 14% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,986, and the same stands at $4,290 for State Grant awardees and $24,270 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,579. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At TUS, an estimated number of 31% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

16%

State Grant Aid

19%

Institution Grant Aid

92%

Pell Grant

16%

Average Aid Awarded

Federal Grant Aid

$6,362

State Grant Aid

$4,690

Institution Grant Aid

$24,318

Pell Grant

$4,417

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$47,114

$30,001 - $48,000

$44,917

$48,001 - $75,000

$42,498

$75,001 - $110,000

$30,796

Over $110,000

$20,742

Student Loans for Sewanee-The University of the South

Average Loan Amount Average Loan Amount received per year.

$5,194/Year

Students Taking Out Loans

37%

Loan Default Rate

2.6%

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