$4,596

Avg. Federal Grant

$5,706

Avg. Federal Loan

$49,296,613

Total Aid Awarded

Charleston Southern University (CSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$49.297M

Financial Aid Official Website

https://www.charlestonsouthern.edu/financialaid/index.php

Students can avail of scholarships provided by the university, such as C.G. Fuller Foundation Scholarship, Charleston Southern University - Tuition Waiver Exchange Program, Church-related Vocation Scholarship, and International Missionary Dependent Award, if they find educational expenses to be on the higher side. Notably, 99% of the students at Charleston Southern University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,867,837. The total percentage of candidates applying to Charleston Southern University who receive the Federal Grant is 40%. Meanwhile, 99% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 40% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,859, and the same stands at $6,852 for State Grant awardees and $14,161 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,266. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 Charleston Southern University, the percentage of candidates who opt to avail of student loans is around 55%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

45%

State Grant Aid

74%

Institution Grant Aid

100%

Pell Grant

45%

Average Aid Awarded

Federal Grant Aid

$4,596

State Grant Aid

$6,791

Institution Grant Aid

$13,338

Pell Grant

$4,390

Charleston Southern University financial aid includes Federal Grants, Pell Grants, State grants, and Institutional grants, with Institutional Grants having the highest percentage contribution of 100% with the average aid amount being $13,338. An applicant might visit the official website of the University for further information.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$21,881

$30,001 - $48,000

$21,839

$48,001 - $75,000

$20,231

$75,001 - $110,000

$17,474

Over $110,000

$15,636

As per the data from Charleston Southern University financial aid office, lower the family income higher is the amount of financial aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $21,881 while those with a family income of over $110,000 can expect to receive an aid amount of $15,636. This ensures that the bulk of the money is flowing towards those who need it the most. The afore-mentioned table is a breakdown of the same:

Student Loans for Charleston Southern University (CSU)

Average Loan Amount Average Loan Amount received per year.

$5,974/Year

Students Taking Out Loans

72%

Loan Default Rate

7.6%

Minumum Credit ScoreApply in as little asVariable APRFixed APR
Discover Student LoansNot Available15 minutes or less2.954.74 View disclosures
Credible6202 minutes5.38%-16.99%14.43%-16.99%1 View disclosures
Sallie MaeNot Available15 minutes1.13% - 11.23%¹ (with autopay)3.50% - 12.60%¹ (with autopay) View disclosures

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