OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Southwestern University (SU) Financial Aid and Scholarships 2022

A private, United Methodist university, Southwestern University is situated in Georgetown, TX. The university covers an area of 700 acres. In 1840, Southwestern University was founded. Right now, the office of dean at the SU is headed by Alisa Gaunder. The motto of the Southwestern University is Non Quis Sed Quid and its official colors are black & gold. Taking into account all the courses offered at Southwestern University, the total enrolment stands at 1,511. The school has an academic sta

Southwestern University (SU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$33.491M

Financial Aid Official Website

www.southwestern.edu/aid/

Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,927,595. More information regarding the financial assistance schemes can be accessed on SU’s official financial aid page at http://www.southwestern.edu/aid/. At SU, the total percentage of applicants who receive the Federal Grant stands at 25%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 25% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,320, and the same stands at $3,400 for State Grant awardees and $25,422 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,836. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $33,796 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $32,339, while those falling in the $48,001-$75,000 income category get $31,429 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $27,336. And, for those with a family income of more than $110,000, the amount stands at $22,043. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At Southwestern University, the percentage of candidates who opt to avail of student loans is around 49%.

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