OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Spartanburg Methodist College Financial Aid and Scholarships 2022

Spartanburg Methodist College, which is located in Spartanburg, SC is a private, United Methodist university. Across all the courses offered at Spartanburg Methodist College, the enrolment stands at 933. The school has a total of 49 academic staff. These faculty teach different courses to the students. At SMC, around 49% of the students are females and 51% are males. Further, around 97% of the students are 24 and under. Orlando Hudson, Reggie Sanders, Dwight Smith, and Sebastian Velasquez are

Spartanburg Methodist College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$11.645M

Financial Aid Official Website

https://www.smcsc.edu/financial-aid/

As many as 99% of the students at SMC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,175,748 in a year. One can visit SMC's financial aid page at https://www.smcsc.edu/financial-aid/ for more information. The total percentage of candidates applying to Spartanburg Methodist College who receive the Federal Grant is 62%. In comparison, 99% of the students are awarded the Student Grant, 99% get the Institution Grant, and 62% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,035, while the same comes to $6,584 for State Grant receivers and $6,559 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,860. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $15,839 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $16,583, while those falling in the $48,001-$75,000 income category get $14,523 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $15,418. And, for those with a family income of more than $110,000, the amount stands at $14,733. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 69% of the applicants to Spartanburg Methodist College opt for student loans.

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