$5,376

Avg. Federal Grant

$4,487

Avg. Federal Loan

$58,704,041

Total Aid Awarded

Lehman College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

63%

Total Aid Amount Average Total Aid Awarded per year.

$58.704M

Financial Aid Official Website

www.lehman.edu/financial-aid

Such schemes include Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, City University of New York, Lehman College - Achievement and Investment in Merit Scholarship, and Jeanette K. Watson Fellowship. As many as 92% of the students at CLC get some sort of financial aid, and the total amount of assistance/loans provided is more than $13,607,547 in a year. For additional information about financial assistance schemes, one can head over to CLC’s financial aid page at http://www.lehman.edu/financial-aid. At CLC, the total percentage of applicants who receive the Federal Grant stands at 76%. Meanwhile, 89% of the applicants receive the Student Grant and 1% are awarded the Institution Grant, while 76% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,469, the State Grant receivers and Institution Grant beneficiaries get $6,037 and $5,113, respectively. And, for the Pell Grant awardees, the average aid amount is $4,854. 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. 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 CLC, an estimated number of 4% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

77%

State Grant Aid

86%

Institution Grant Aid

5%

Pell Grant

77%

Average Aid Awarded

Federal Grant Aid

$5,376

State Grant Aid

$6,165

Institution Grant Aid

$3,064

Pell Grant

$5,352

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,867

$30,001 - $48,000

$10,449

$48,001 - $75,000

$6,432

$75,001 - $110,000

$2,801

Over $110,000

$403

Student Loans for Lehman College

Average Loan Amount Average Loan Amount received per year.

$4,487/Year

Students Taking Out Loans

6%

Loan Default Rate

5.6%

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