$4,893

Avg. Federal Grant

$5,761

Avg. Federal Loan

$31,534,387

Total Aid Awarded

Los Angeles Valley College (LAVC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$31.534M

Financial Aid Official Website

www.lavc.edu/financialaid/index.html

Notably, 81% of the students at Los Angeles Valley College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,991,524. More information regarding the financial assistance schemes can be accessed on LAVC’s official financial aid page at http://www.lavc.edu/financialaid/index.html. The total percentage of candidates applying to Los Angeles Valley College who receive the Federal Grant is 56%. Meanwhile, 81% of the applicants receive the Student Grant, while 56% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,981. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At LAVC, an estimated number of 2% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

58%

State Grant Aid

80%

Institution Grant Aid

N/A

Pell Grant

58%

Average Aid Awarded

Federal Grant Aid

$4,893

State Grant Aid

$1,849

Institution Grant Aid

N/A

Pell Grant

$4,821

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,282

$30,001 - $48,000

$6,842

$48,001 - $75,000

$4,661

$75,001 - $110,000

$3,711

Over $110,000

N/A

Student Loans for Los Angeles Valley College (LAVC)

Average Loan Amount Average Loan Amount received per year.

$5,761/Year

Students Taking Out Loans

1%

Loan Default Rate

10.2%

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