$4,578

Avg. Federal Grant

$4,951

Avg. Federal Loan

$36,651,177

Total Aid Awarded

Lindsey Wilson College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$36.651M

Financial Aid Official Website

www.lindsey.edu/about-lwc/Offices-and-Services/Financial-Aid/Financial-Aid.cfm

Students can avail of scholarships provided by the college, such as Achievement Scholarship, Award for Excellence, Begley Scholar, and Carnegie Dartlet $10,000 Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that almost every student at LWC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $8,618,048. More information regarding the financial assistance schemes can be accessed on LWC’s official financial aid page at http://www.lindsey.edu/about-lwc/Offices-and-Services/Financial-Aid/Financial-Aid.cfm. Notably, a total of 60% of the applicants to Lindsey Wilson College receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 98% receive the Institution Grant, and 60% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,914, while the same comes to $4,751 for State Grant receivers and $16,449 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,837. 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 $20,413 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 $20,315 and $21,254, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $19,353. And, for those with a family income of more than $110,000, the amount stands at $18,336. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. Every year, around 66% of the applicants to Lindsey Wilson College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

62%

State Grant Aid

82%

Institution Grant Aid

99%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$4,578

State Grant Aid

$4,689

Institution Grant Aid

$15,351

Pell Grant

$4,429

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$22,229

$30,001 - $48,000

$22,538

$48,001 - $75,000

$21,446

$75,001 - $110,000

$19,764

Over $110,000

$17,441

Student Loans for Lindsey Wilson College

Average Loan Amount Average Loan Amount received per year.

$5,205/Year

Students Taking Out Loans

62%

Loan Default Rate

11.2%

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