$4,785

Avg. Federal Grant

$1,757

Avg. Federal Loan

$4,524,482

Total Aid Awarded

Lamar State College-Port Arthur Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

46%

Total Aid Amount Average Total Aid Awarded per year.

$4.524M

Financial Aid Official Website

www.lamarpa.edu/Current-Students/Financial-Aid

As many as 77% of the students at LSCPA get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,343,091 in a year. At LSCPA, the total percentage of applicants who receive the Federal Grant stands at 55%. Meanwhile, 72% of the applicants receive the Student Grant and 27% are awarded the Institution Grant, while 54% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,116, and the same stands at $1,595 for State Grant awardees and $3,845 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,671. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 69% of the applicants to Lamar State College-Port Arthur opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

60%

Institution Grant Aid

45%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,785

State Grant Aid

$1,099

Institution Grant Aid

$2,191

Pell Grant

$4,712

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,751

$30,001 - $48,000

$7,156

$48,001 - $75,000

$5,112

$75,001 - $110,000

$1,776

Over $110,000

$919

Student Loans for Lamar State College-Port Arthur

Average Loan Amount Average Loan Amount received per year.

$1,839/Year

Students Taking Out Loans

71%

Loan Default Rate

12.2%

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