Lewis & Clark College Financial Aid and Scholarships
Students Receiving Aid
91%
Total Aid Amount
$51.767M
Financial Aid Official Website
https://www.lclark.edu/offices/financial_aid/
Notably, 95% of the students at Lewis & Clark College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $8,238,817. More information regarding the financial assistance schemes can be accessed on LCC’s official financial aid page at https://www.lclark.edu/offices/financial_aid/. At LCC, the total percentage of applicants who receive the Federal Grant stands at 22%. On the other hand, 94% of the candidates get the Student Grant, 94% receive the Institution Grant, and 22% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,847, the State Grant receivers and Institution Grant beneficiaries get $3,200 and $28,857, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,701. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $42,679 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $42,635, while those falling in the $48,001-$75,000 income category get $36,231 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $27,478. And, for those with a family income of more than $110,000, the amount stands at $18,359. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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. At LCC, an estimated number of 80% of the applicants choose to go for student loans.
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