$5,096

Avg. Federal Grant

$4,184

Avg. Federal Loan

$3,724,911

Total Aid Awarded

University of South Carolina-Sumter Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$3.725M

Financial Aid Official Website

www.uscsumter.edu/index.php/financial-aid

As many as 95% of the students at USCS get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,108,028 in a year. Notably, a total of 51% of the applicants to University of South Carolina-Sumter receive the Federal Grant every year. On the other hand, 93% of the candidates get the Student Grant, 30% receive the Institution Grant, and 51% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,616, the State Grant receivers and Institution Grant beneficiaries get $4,369 and $1,451, respectively. And, for the Pell Grant awardees, the average aid amount is $4,516. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At University of South Carolina-Sumter, the percentage of candidates who opt to avail of student loans is around 30%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

81%

Institution Grant Aid

35%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$5,096

State Grant Aid

$4,324

Institution Grant Aid

$1,192

Pell Grant

$5,034

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,544

$30,001 - $48,000

$7,605

$48,001 - $75,000

$5,774

$75,001 - $110,000

$4,056

Over $110,000

$4,070

Student Loans for University of South Carolina-Sumter

Average Loan Amount Average Loan Amount received per year.

$4,184/Year

Students Taking Out Loans

31%

Loan Default Rate

9.8%

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