OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Lourdes University Financial Aid and Scholarships 2022

Located in Sylvania, Ohio, Lourdes University is a private, Roman Catholic university. Lourdes University covers an area of 127 acres. In 1958, Lourdes University was founded. Terracotta and black are the official colors of the Lourdes University. Out of total 1,448 students enrolled at LU, 1,115 belong to undergraduate courses while 432 are postgraduate students. To teach various courses to the students, the school has employed a total of 49 FT, 5 PT, 77 Adjuncts faculty. Lourdes University

Lourdes University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

87%

Total Aid Amount Average Total Aid Awarded per year.

$11.221M

Financial Aid Official Website

www.lourdes.edu/costs-financial-aid

Among them are scholarship programs such as Dr. Allen Smith Memorial Scholarship, Educational Assistance Commitment Grant, James R. Hunt Memorial Scholarship, and Larry and Doris Clark Scholarship. Notably, 99% of the students at Lourdes University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,239,516. For additional information about financial assistance schemes, one can head over to LU’s financial aid page at http://www.lourdes.edu/costs-financial-aid. The total percentage of candidates applying to Lourdes University who receive the Federal Grant is 47%. Meanwhile, 99% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 47% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,914, and the same stands at $3,028 for State Grant awardees and $12,251 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,785. 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 $18,055 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $17,536, while those falling in the $48,001-$75,000 income category get $14,636 a year. On the other hand, the average federal aid stands at $11,799 for those with an annual family income between $75,001 and $110,000, and at $10,522 for an income more than $110,000. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At LU, an estimated number of 79% of the applicants choose to go for student loans.

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