Saturday, August 18, 2018

Saturday, August 18, 2018

Cost of college went up for all students at South Central College

Tuition and fees rose 0.9 percent for 2017-18 at South Central College, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees rose 0.9 percent for 2017-18 at South Central College, according to the latest disclosure from the U.S. Department of Education.

Minnesota students paid $5,417 to attend the two-year public institution this year $48 more than the $5,369 charged for 2016-17.

Data shows 89 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 271 students received grants or scholarships totaling $1.16 million and 182 students took out student loans totaling more than $931,364.

Including all undergraduates, 1,943 students used grants or scholarships totaling $6.99 million. Another 1,373 took out $7.89 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~2,779
$5,378
$5,379
$5,369
$5,417
0.7%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the South Central College in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
201
54%
$840,348
$4,181
State / local grant or scholarship
205
55%
$261,352
$1,275
Institutional grants or scholarships
61
16%
$53,649
$879
Grant or scholarship aid total
271
73%
$1,155,349
$4,263
Federal student loans
181
49%
$874,129
$4,829
Other student loans
9
2%
$57,235
$6,359
Student loan aid
182
49%
$931,364
$5,117
Total student aid
331
89%

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