Southeast Missouri State University Financial Aid and Scholarships
Students Receiving Aid
79%
Total Aid Amount
$48.053M
Financial Aid Official Website
www.semo.edu/sfs/
Notably, 96% of the students at Southeast Missouri State University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $26,381,772. The total percentage of candidates applying to Southeast Missouri State University who receive the Federal Grant is 38%. In comparison, 91% of the students are awarded the Student Grant, 83% get the Institution Grant, and 38% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,934, while the same comes to $2,133 for State Grant receivers and $5,134 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,640. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 51% of the applicants to Southeast Missouri State University opt for student loans.
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