$5,178

Avg. Federal Grant

$5,785

Avg. Federal Loan

$54,634,101

Total Aid Awarded

Le Moyne College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

88%

Total Aid Amount Average Total Aid Awarded per year.

$54.634M

Financial Aid Official Website

www.lemoyne.edu/Apply/Financial-Aid

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 $10,469,751. More information regarding the financial assistance schemes can be accessed on LMC’s official financial aid page at http://www.lemoyne.edu/Apply/Financial-Aid. The total percentage of candidates applying to Le Moyne College who receive the Federal Grant is 36%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 35% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,438, while the same comes to $3,006 for State Grant receivers and $22,218 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,603. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $29,295 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $28,049, while those falling in the $48,001-$75,000 income category get $23,267 a year. On the other hand, the average federal aid stands at $21,952 for those with an annual family income between $75,001 and $110,000, and at $18,999 for an income more than $110,000. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Le Moyne College, the percentage of candidates who opt to avail of student loans is around 75%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

37%

State Grant Aid

47%

Institution Grant Aid

100%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$5,178

State Grant Aid

$2,795

Institution Grant Aid

$20,816

Pell Grant

$4,577

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$31,352

$30,001 - $48,000

$27,283

$48,001 - $75,000

$25,373

$75,001 - $110,000

$23,232

Over $110,000

$20,415

Student Loans for Le Moyne College

Average Loan Amount Average Loan Amount received per year.

$9,363/Year

Students Taking Out Loans

76%

Loan Default Rate

3.5%

Other Colleges In New York

Binghamton University
Binghamton University

Vestal, New York

Baruch College
Baruch College

New York, New York

LaGuardia Community College
LaGuardia Community College

Long Island City, New York

Other Private not-for-profit Colleges

Remington College
Remington College

Lake Mary, Florida

Harvard University
Harvard University

Cambridge, Massachusetts

Independence University
Independence University

Salt Lake City, Utah