$4,631

Avg. Federal Grant

$3,945

Avg. Federal Loan

$3,479,021

Total Aid Awarded

Labette Community College (LCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$3.479M

Financial Aid Official Website

www.labette.edu/financialaid/index.html

Such schemes include Albert M. Lappin Scholarship, Hansen Leaders of Tomorrow, Hansen Scholar Award, and Hansen Student Scholarship. As many as 95% of the students at LCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,323,483 in a year. For additional information about financial assistance schemes, one can head over to LCC’s financial aid page at http://www.labette.edu/financialaid/index.html. The total percentage of candidates applying to Labette Community College who receive the Federal Grant is 61%. Meanwhile, 93% of the applicants receive the Student Grant and 78% are awarded the Institution Grant, while 61% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,921, and the same stands at $2,408 for State Grant awardees and $1,969 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,823. 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. Every year, around 15% of the applicants to Labette Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

N/A

Institution Grant Aid

73%

Pell Grant

61%

Average Aid Awarded

Federal Grant Aid

$4,631

State Grant Aid

N/A

Institution Grant Aid

$1,699

Pell Grant

$4,536

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,977

$30,001 - $48,000

$6,008

$48,001 - $75,000

$3,408

$75,001 - $110,000

$1,152

Over $110,000

$726

Student Loans for Labette Community College (LCC)

Average Loan Amount Average Loan Amount received per year.

$3,945/Year

Students Taking Out Loans

16%

Loan Default Rate

11.4%

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