$4,902

Avg. Federal Grant

$5,237

Avg. Federal Loan

$9,484,657

Total Aid Awarded

South Georgia State College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

84%

Total Aid Amount Average Total Aid Awarded per year.

$9.485M

Financial Aid Official Website

www.sgsc.edu/financial-aid-scholarships.cms

As many as 95% of the students at SGSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,362,361 in a year. At SGSC, the total percentage of applicants who receive the Federal Grant stands at 70%. On the other hand, 90% of the candidates get the Student Grant, 17% receive the Institution Grant, and 70% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,473, the State Grant receivers and Institution Grant beneficiaries get $2,547 and $5,131, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,088. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At SGSC, an estimated number of 54% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

42%

Institution Grant Aid

20%

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$4,902

State Grant Aid

$2,470

Institution Grant Aid

$3,874

Pell Grant

$4,844

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,444

$30,001 - $48,000

$5,927

$48,001 - $75,000

$3,504

$75,001 - $110,000

$1,804

Over $110,000

$1,541

Student Loans for South Georgia State College

Average Loan Amount Average Loan Amount received per year.

$5,237/Year

Students Taking Out Loans

49%

Loan Default Rate

15.6%