$4,996

Avg. Federal Grant

$5,894

Avg. Federal Loan

$39,038,195

Total Aid Awarded

Linfield College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

97%

Total Aid Amount Average Total Aid Awarded per year.

$39.038M

Financial Aid Official Website

www.linfield.edu/financial-aid.html

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,089,829. At LCMC, the total percentage of applicants who receive the Federal Grant stands at 29%. In comparison, 99% of the students are awarded the Student Grant, 99% get the Institution Grant, and 28% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,301, the State Grant receivers and Institution Grant beneficiaries get $3,213 and $27,100, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,509. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. At Linfield College-McMinnville Campus, the percentage of candidates who opt to avail of student loans is around 67%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

30%

State Grant Aid

14%

Institution Grant Aid

98%

Pell Grant

30%

Average Aid Awarded

Federal Grant Aid

$4,996

State Grant Aid

$2,125

Institution Grant Aid

$25,138

Pell Grant

$4,221

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$34,154

$30,001 - $48,000

$33,800

$48,001 - $75,000

$31,244

$75,001 - $110,000

$28,427

Over $110,000

$24,202

Student Loans for Linfield College

Average Loan Amount Average Loan Amount received per year.

$7,822/Year

Students Taking Out Loans

73%

Loan Default Rate

2.5%

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