$5,920

Avg. Federal Grant

$9,500

Avg. Federal Loan

$72,816

Total Aid Awarded

Lebanon College of Cosmetology Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$72.816K

Financial Aid Official Website

www.lebanoncollege.edu/financial-aid

It is interesting to note that almost every student at LCC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $86,124. Notably, a total of 100% of the applicants to Lebanon College of Cosmetology receive the Federal Grant every year. 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 $5,233. 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. Candidates are also required to repay these loans within a given period. At LCC, an estimated number of 80% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

67%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

67%

Average Aid Awarded

Federal Grant Aid

$5,920

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,920

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,920

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Lebanon College of Cosmetology

Average Loan Amount Average Loan Amount received per year.

$9,500/Year

Students Taking Out Loans

67%

Loan Default Rate

N/A

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