$5,633

Avg. Federal Grant

$10,342

Avg. Federal Loan

$9,996,885

Total Aid Awarded

Southwest University at El Paso Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$9.997M

Financial Aid Official Website

southwestuniversity.edu

Notably, 99% of the students at Southwest University at El Paso get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $13,769,946. At SUEP, the total percentage of applicants who receive the Federal Grant stands at 86%. On the other hand, 93% of the candidates get the Student Grant, 7% receive the Institution Grant, and 86% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,896, the State Grant receivers and Institution Grant beneficiaries get $4,844 and $2,049, respectively. On the other hand, the average aid received by the Pell Grant awardees is $5,842. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 Southwest University at El Paso, the percentage of candidates who opt to avail of student loans is around 86%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

87%

State Grant Aid

11%

Institution Grant Aid

16%

Pell Grant

87%

Average Aid Awarded

Federal Grant Aid

$5,633

State Grant Aid

$5,311

Institution Grant Aid

$2,148

Pell Grant

$5,633

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,655

$30,001 - $48,000

$4,727

$48,001 - $75,000

$4,298

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Southwest University at El Paso

Average Loan Amount Average Loan Amount received per year.

$10,342/Year

Students Taking Out Loans

87%

Loan Default Rate

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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