$4,843

Avg. Federal Grant

$5,027

Avg. Federal Loan

$3,681,918

Total Aid Awarded

University of South Carolina-Salkehatchie Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

88%

Total Aid Amount Average Total Aid Awarded per year.

$3.682M

Financial Aid Official Website

uscsalkehatchie.sc.edu/home/fa/

Notably, 93% of the students at University of South Carolina-Salkehatchie get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,963,422. The total percentage of candidates applying to University of South Carolina-Salkehatchie who receive the Federal Grant is 66%. On the other hand, 92% of the candidates get the Student Grant, 23% receive the Institution Grant, and 66% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,211, the State Grant receivers and Institution Grant beneficiaries get $3,641 and $1,000, respectively. And, for the Pell Grant awardees, the average aid amount is $4,993. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At University of South Carolina-Salkehatchie, the percentage of candidates who opt to avail of student loans is around 57%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

70%

State Grant Aid

89%

Institution Grant Aid

23%

Pell Grant

69%

Average Aid Awarded

Federal Grant Aid

$4,843

State Grant Aid

$3,521

Institution Grant Aid

$1,082

Pell Grant

$4,808

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,539

$30,001 - $48,000

$8,878

$48,001 - $75,000

$5,582

$75,001 - $110,000

$4,315

Over $110,000

$3,912

Student Loans for University of South Carolina-Salkehatchie

Average Loan Amount Average Loan Amount received per year.

$5,537/Year

Students Taking Out Loans

57%

Loan Default Rate

22.8%

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