Louisburg College Financial Aid and Scholarships
Students Receiving Aid
99%
Total Aid Amount
$8.112M
Financial Aid Official Website
https://www.louisburg.edu/admissions/financial-aid/index.php
Among them are scholarship programs such as Triangle Scholarship Program. Notably, 99% of the students at Louisburg College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,433,428. For additional information about financial assistance schemes, one can head over to LC’s financial aid page at https://www.louisburg.edu/admissions/financial-aid/index.php. Notably, a total of 99% of the applicants to Louisburg College receive the Federal Grant every year. Meanwhile, 99% of the applicants receive the Student Grant and 93% are awarded the Institution Grant, while 99% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $2,952, and the same stands at $2,289 for State Grant awardees and $3,480 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,047. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $2,790 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $2,752, while those falling in the $48,001-$75,000 income category get $3,237 a year. On the other hand, the average federal aid stands at $4,964 for those with an annual family income between $75,001 and $110,000, and at $4,071 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. At LC, an estimated number of 99% of the applicants choose to go for student loans.
![Schools That Require the CSS Profile [Complete List for 2021/2022]](https://www.thecollegemonk.com/images/blog/every-school-th56.jpg)
