$5,382

Avg. Federal Grant

$5,241

Avg. Federal Loan

$53,018,041

Total Aid Awarded

Southern Illinois University Edwardsville (SIUE) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$53.018M

Financial Aid Official Website

www.siue.edu/financial-aid/

Notably, 93% of the students at Southern Illinois University-Edwardsville get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $35,452,942. The total percentage of candidates applying to Southern Illinois University-Edwardsville who receive the Federal Grant is 36%. Meanwhile, 86% of the applicants receive the Student Grant and 83% are awarded the Institution Grant, while 35% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,375, and the same stands at $4,630 for State Grant awardees and $5,242 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,896. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At SIUE, an estimated number of 51% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

40%

State Grant Aid

30%

Institution Grant Aid

83%

Pell Grant

39%

Average Aid Awarded

Federal Grant Aid

$5,382

State Grant Aid

$4,537

Institution Grant Aid

$5,121

Pell Grant

$4,963

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$14,922

$30,001 - $48,000

$13,908

$48,001 - $75,000

$9,771

$75,001 - $110,000

$4,865

Over $110,000

$2,902

Student Loans for Southern Illinois University Edwardsville (SIUE)

Average Loan Amount Average Loan Amount received per year.

$5,916/Year

Students Taking Out Loans

56%

Loan Default Rate

6.1%

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