$4,449

Avg. Federal Grant

$5,804

Avg. Federal Loan

$50,876,432

Total Aid Awarded

Lindenwood University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$50.876M

Financial Aid Official Website

www.lindenwood.edu/business-office/

Student Financial Services Department of Lindenwood University assists the students for any kind of financial help needed. The department will also help in finding the eligibility of the student and find the perfect type of financial aid that fits according to the eligibility criteria. 

At Lindenwood University, 83% of the students have received financial aid till now which contributes to a total aid amount of $50,876,432.

To check the eligibility and to avail the financial aid students need to fill the Free Application for Federal Student Aid(FAFSA) form and the university FAFSA code is 002480.

Types of financial aid provided by the university are:

Federal Pell Grants

Federal Grants are usually provided only to undergraduates students who display expectional financial need and have not earned bachelor's, graduate, or professional degree. A federal pell grant is not be repaid expect under certain circumstances.

Federal Supplemental Educational Opportunity Grant(FSOEG)

The financial aid office will award FSEOGs to students that have the most financial need. The FSEOG does not need to be repaid, except under certain circumstances.

Loans

There are different types of loans which are offered to the students to meet their education costs. However, the loans are needed to be repaid that too with an certain amount of interest on it. 

The different types of loans offered by the university are:

Subsidized Direct Loan is awarded on the basis of financial need. Interest does not accrue while you are enrolled at least half-time and during other specified deferment periods. Repayment begins six months after you cease to be enrolled at least half-time.

An Unsubsidized Direct Loan is not awarded on the basis of need. The principal will be deferred until six months after you cease to be enrolled at least half-time. You will be charged interest from the time the loan is disbursed until it is paid in full. You can either make the interest payment or defer it while you are in school. If you do not make interest payments while in school, the interest will be capitalized (added to the principal balance of the loan) every six months.

Federal Work-Study Program

Immaculata University offers work-study program for students who are willing to work as a full-time or part-time to earn some additional income which helps the students in bearing the adittional cost and managing the studies simultaneously. You can apply for the type of position you like.

To know more details about the financial aid visit the Lindenwood University Financial Aid.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

30%

State Grant Aid

17%

Institution Grant Aid

99%

Pell Grant

30%

Average Aid Awarded

Federal Grant Aid

$4,449

State Grant Aid

$1,863

Institution Grant Aid

$9,864

Pell Grant

$4,251

Students should have proper  knowledge about breakdown of how the financial aid offered by Lindenwood University is appropriately distributed among their students. On average, almost 83% of students receive financial aid.

  • The federal grants offered by the university are received by a 30% of eligible students, with the average amount reaching up to $4,449.

  • Pell Grants are received by at least 30% of students and the aid amount offered is around $4,251.

  • Only 17% of students receive state grant aids, which are valued to be around $1,863.

  • The institutional grants are offered to a staggering 99% of students, with a total average amount racking up to $9,864.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,929

$30,001 - $48,000

$14,398

$48,001 - $75,000

$13,301

$75,001 - $110,000

$11,308

Over $110,000

$9,060

Lindenwood University offered their aid based on the financial needs of the student. With that said, we have also provided some data on what each student may expect their average aid to be depending on the income bracket that they fall under.

  • Students whose family income is between $0 to $30,000, the average aid amount provided is $13,929

  • If the income falls between $30,000 and $48,000 may avail an average aid amount of $14,398.

  •  The average aid falls to those who earn between $48,001 and $75,000, which is a total average amount of $13,301. 

  • Higher-income brackets may not avail as much, comparatively. Those that earn between $75,001 to $100,000 will receive an average of about $11,308.

  • Those who earn more than $110,00, will receive a substantially low amount of $9,060.

Student Loans for Lindenwood University

Average Loan Amount Average Loan Amount received per year.

$6,626/Year

Students Taking Out Loans

63%

Loan Default Rate

1.6%

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