University of South Carolina-Sumter Financial Aid and Scholarships
Students Receiving Aid
83%
Total Aid Amount
$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%.
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