$4,699

Avg. Federal Grant

$5,066

Avg. Federal Loan

$2,589,253

Total Aid Awarded

University of South Carolina-Union Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$2.589M

Financial Aid Official Website

uscunion.sc.edu/finaid/finaid.html

Notably, 99% of the students at University of South Carolina-Union get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $740,707. Notably, a total of 72% of the applicants to University of South Carolina-Union receive the Federal Grant every year. In comparison, 99% of the students are awarded the Student Grant, 31% get the Institution Grant, and 72% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,039, while the same comes to $3,934 for State Grant receivers and $1,179 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,862. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 48% of the applicants to University of South Carolina-Union opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

65%

State Grant Aid

93%

Institution Grant Aid

32%

Pell Grant

65%

Average Aid Awarded

Federal Grant Aid

$4,699

State Grant Aid

$3,890

Institution Grant Aid

$1,037

Pell Grant

$4,622

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,237

$30,001 - $48,000

$7,755

$48,001 - $75,000

$5,595

$75,001 - $110,000

$4,177

Over $110,000

$3,927

Student Loans for University of South Carolina-Union

Average Loan Amount Average Loan Amount received per year.

$5,066/Year

Students Taking Out Loans

57%

Loan Default Rate

16.9%

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