Lebanon Valley College (LVC) Financial Aid and Scholarships
Students Receiving Aid
93%
Total Aid Amount
$43.521M
Financial Aid Official Website
www.lvc.edu/admission/tuition-financial-aid/
Among them are scholarship programs such as Academic Recognition Scholarship, Achievement Award, Boy Scout Eagle Scout Scholarship, and Carmean Talent Award. It is interesting to note that almost every student at LVC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $8,047,457. For additional information about financial assistance schemes, one can head over to LVC’s financial aid page at http://www.lvc.edu/admission/tuition-financial-aid/. Notably, a total of 29% of the applicants to Lebanon Valley College receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 99% receive the Institution Grant, and 29% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,090, while the same comes to $3,186 for State Grant receivers and $27,338 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,215. 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 $32,185 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $31,071 and $29,263, respectively. Those with an annual income level of $75,001-$110,000 would receive $25,423, while candidates with more than $110,000 of family income receive an average federal aid of $23,538. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At LVC, an estimated number of 82% of the applicants choose to go for student loans.
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