Southern Illinois University Edwardsville (SIUE) Financial Aid and Scholarships
Students Receiving Aid
62%
Total Aid Amount
$53.018M
Financial Aid Official Website
www.siue.edu/financial-aid/
Notably, 93% of the students at Southern Illinois University-Edwardsville get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $35,452,942. The total percentage of candidates applying to Southern Illinois University-Edwardsville who receive the Federal Grant is 36%. Meanwhile, 86% of the applicants receive the Student Grant and 83% are awarded the Institution Grant, while 35% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,375, and the same stands at $4,630 for State Grant awardees and $5,242 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,896. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At SIUE, an estimated number of 51% of the applicants choose to go for student loans.
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