$4,891

Avg. Federal Grant

$11,281

Avg. Federal Loan

$21,573,313

Total Aid Awarded

Limestone College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$21.573M

Financial Aid Official Website

www.limestone.edu/admissions-financial-aid

Notably, 99% of the students at Limestone College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $17,391,012. One can visit LC's financial aid page at http://www.limestone.edu/admissions-financial-aid for more information. Notably, a total of 56% of the applicants to Limestone College receive the Federal Grant every year. In comparison, 99% of the students are awarded the Student Grant, 95% get the Institution Grant, and 56% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,873, the State Grant receivers and Institution Grant beneficiaries get $5,178 and $12,711, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,753. 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 $17,582 on average in a year. The average aid amount stands at $15,822 for an annual family income between $30,001 and $48,000. This amount comes to $12,296 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $13,865, while candidates with more than $110,000 of family income receive an average federal aid of $11,892. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Limestone College, the percentage of candidates who opt to avail of student loans is around 86%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

55%

State Grant Aid

58%

Institution Grant Aid

97%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$4,891

State Grant Aid

$5,454

Institution Grant Aid

$11,006

Pell Grant

$4,535

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$17,539

$30,001 - $48,000

$18,759

$48,001 - $75,000

$15,459

$75,001 - $110,000

$16,733

Over $110,000

$13,071

Student Loans for Limestone College

Average Loan Amount Average Loan Amount received per year.

$12,877/Year

Students Taking Out Loans

84%

Loan Default Rate

12.9%

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