$4,148

Avg. Federal Grant

$5,147

Avg. Federal Loan

$7,869,715

Total Aid Awarded

Lower Columbia College (LCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

48%

Total Aid Amount Average Total Aid Awarded per year.

$7.870M

Financial Aid Official Website

https://lowercolumbia.edu/finaid/index.php

As many as 77% of the students at LCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,230,425 in a year. For additional information about financial assistance schemes, one can head over to LCC’s financial aid page at https://lowercolumbia.edu/finaid/index.php. The total percentage of candidates applying to Lower Columbia College who receive the Federal Grant is 54%. On the other hand, 58% of the candidates get the Student Grant, 6% receive the Institution Grant, and 54% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,179, the State Grant receivers and Institution Grant beneficiaries get $3,013 and $936, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,221. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 Lower Columbia College, the percentage of candidates who opt to avail of student loans is around 17%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

58%

State Grant Aid

32%

Institution Grant Aid

7%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$4,148

State Grant Aid

$3,587

Institution Grant Aid

$981

Pell Grant

$4,065

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,417

$30,001 - $48,000

$6,867

$48,001 - $75,000

$2,136

$75,001 - $110,000

$1,024

Over $110,000

N/A

Student Loans for Lower Columbia College (LCC)

Average Loan Amount Average Loan Amount received per year.

$5,195/Year

Students Taking Out Loans

19%

Loan Default Rate

15.7%

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