Livingstone College Financial Aid and Scholarships
Students Receiving Aid
96%
Total Aid Amount
$11.898M
Financial Aid Official Website
www.livingstone.edu/financial-aid/
Students can avail of scholarships provided by the college, such as North Carolina Student Incentive Grant and Triangle Scholarship Program, if they find educational expenses to be on the higher side. Notably, 97% of the students at Livingstone College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $8,255,856. For additional information about financial assistance schemes, one can head over to LC’s financial aid page at http://www.livingstone.edu/financial-aid/. At LC, the total percentage of applicants who receive the Federal Grant stands at 85%. Meanwhile, 95% of the applicants receive the Student Grant and 70% are awarded the Institution Grant, while 85% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,343, the State Grant receivers and Institution Grant beneficiaries get $4,599 and $4,137, respectively. On the other hand, the average aid received by the Pell Grant awardees is $5,152. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $11,081 per year. The average aid amount stands at $10,446 for an annual family income between $30,001 and $48,000. This amount comes to $8,354 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $3,757 for those with an annual family income between $75,001 and $110,000, and at $5,500 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 88% of the applicants to Livingstone College opt for student loans.
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