$3,454

Avg. Federal Grant

$5,500

Avg. Federal Loan

$1,670,337

Total Aid Awarded

Laboure College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

48%

Total Aid Amount Average Total Aid Awarded per year.

$1.670M

Financial Aid Official Website

www.laboure.edu/tuition-financial-aid/tuition-fees

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,366,956. The total percentage of candidates applying to Laboure College who receive the Federal Grant is 100%. Meanwhile, 100% of the applicants receive the Student Grant, while 100% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,578. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 LC, an estimated number of 100% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

100%

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$3,454

State Grant Aid

$300

Institution Grant Aid

N/A

Pell Grant

$3,454

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

N/A

$30,001 - $48,000

$3,754

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Laboure College

Average Loan Amount Average Loan Amount received per year.

$5,500/Year

Students Taking Out Loans

100%

Loan Default Rate

5.7%

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