LDS Business College (LDSBC) Financial Aid and Scholarships
Students Receiving Aid
60%
Total Aid Amount
$4.276M
Financial Aid Official Website
https://www.ldsbc.edu/index.php?option=com_content&view=article&id=1076&Itemid=1064
Among them are scholarship programs such as Log Cabin Rustics Scholarship. It is interesting to note that, every year, around 58% of students at LBC receive some kind of financial aid, while the total amount of assistance/loans provided is $647,167. One can visit LBC's financial aid page at https://www.ldsbc.edu/index.php?option=com_content&view=article&id=1076&Itemid=1064 for more information. The total percentage of candidates applying to LDS Business College who receive the Federal Grant is 15%. In comparison, 57% of the students are awarded the Student Grant, 48% get the Institution Grant, and 15% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,327. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $4,285 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $3,330 and $405, respectively. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 6% of the applicants to LDS Business College opt for student loans.
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