$4,620

Avg. Federal Grant

$5,530

Avg. Federal Loan

$16,795,210

Total Aid Awarded

Southern Oregon University (SOU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$16.795M

Financial Aid Official Website

www.sou.edu/enrollment

It is interesting to note that almost every student at SOU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $17,759,753. One can visit SOU's financial aid page at http://www.sou.edu/enrollment for more information. Notably, a total of 38% of the applicants to Southern Oregon University receive the Federal Grant every year. In comparison, 70% of the students are awarded the Student Grant, 56% get the Institution Grant, and 38% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,267, the State Grant receivers and Institution Grant beneficiaries get $2,379 and $3,102, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,370. 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. Candidates are also required to repay these loans within a given period. At Southern Oregon University, the percentage of candidates who opt to avail of student loans is around 100%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

33%

State Grant Aid

17%

Institution Grant Aid

61%

Pell Grant

33%

Average Aid Awarded

Federal Grant Aid

$4,620

State Grant Aid

$2,021

Institution Grant Aid

$3,313

Pell Grant

$4,424

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,052

$30,001 - $48,000

$7,978

$48,001 - $75,000

$5,583

$75,001 - $110,000

$2,687

Over $110,000

$2,163

Student Loans for Southern Oregon University (SOU)

Average Loan Amount Average Loan Amount received per year.

$6,138/Year

Students Taking Out Loans

53%

Loan Default Rate

8.5%

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