$5,690

Avg. Federal Grant

$6,857

Avg. Federal Loan

$10,484,278

Total Aid Awarded

Southern University at Shreveport Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$10.484M

Financial Aid Official Website

www.susla.edu/admissions-financial-aid

Such schemes include Anthony Gobar Juvenile Justice Scholarship Fund, Development Fund for Black Students in Science and Technology Scholarship, Rockefeller State Wildlife Scholarship, and TOPS - Honors Award. Notably, 86% of the students at Southern University at Shreveport get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $9,067,784. The total percentage of candidates applying to Southern University at Shreveport who receive the Federal Grant is 82%. Meanwhile, 83% of the applicants receive the Student Grant and 6% are awarded the Institution Grant, while 82% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,041, while the same comes to $1,480 for State Grant receivers and $5,400 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,965. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At SUS, an estimated number of 57% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

89%

State Grant Aid

21%

Institution Grant Aid

2%

Pell Grant

88%

Average Aid Awarded

Federal Grant Aid

$5,690

State Grant Aid

$1,001

Institution Grant Aid

$2,096

Pell Grant

$5,600

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,409

$30,001 - $48,000

$5,105

$48,001 - $75,000

$2,333

$75,001 - $110,000

$1,976

Over $110,000

$524

Student Loans for Southern University at Shreveport

Average Loan Amount Average Loan Amount received per year.

$6,857/Year

Students Taking Out Loans

81%

Loan Default Rate

26.2%

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