$7,953

Avg. Federal Grant

N/A

Avg. Federal Loan

$9,292,713

Total Aid Awarded

Lenoir Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$9.293M

Financial Aid Official Website

https://www.lenoircc.edu/adm/finaid/

As many as 73% of the students at LCC receive some kind of financial aid, shows the latest data. More information regarding the financial assistance schemes can be accessed on LCC’s official financial aid page at https://www.lenoircc.edu/adm/finaid/. The total percentage of candidates applying to Lenoir Community College who receive the Federal Grant is 63%. On the other hand, 73% of the candidates get the Student Grant, 12% receive the Institution Grant, and 63% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,507, and the same stands at $1,824 for State Grant awardees and $1,297 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $6,244. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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. At LCC, an estimated number of 1% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

19%

Institution Grant Aid

27%

Pell Grant

61%

Average Aid Awarded

Federal Grant Aid

$7,953

State Grant Aid

$1,928

Institution Grant Aid

$982

Pell Grant

$7,637

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,995

$30,001 - $48,000

$8,201

$48,001 - $75,000

$6,024

$75,001 - $110,000

$6,375

Over $110,000

N/A

Student Loans for Lenoir Community College

Average Loan Amount Average Loan Amount received per year.

$8,455/Year

Students Taking Out Loans

2%

Loan Default Rate

N/A

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