Lubbock Christian University (LCU) Financial Aid and Scholarships
Students Receiving Aid
87%
Total Aid Amount
$14.498M
Financial Aid Official Website
https://lcu.edu/admissions/tuition-and-financial-assistance/
It is interesting to note that, every year, around 99% of students at LCU receive some kind of financial aid, while the total amount of assistance/loans provided is $12,636,538. For additional information about financial assistance schemes, one can head over to LCU’s financial aid page at https://lcu.edu/admissions/tuition-and-financial-assistance/. Notably, a total of 38% of the applicants to Lubbock Christian University receive the Federal Grant every year. Meanwhile, 97% of the applicants receive the Student Grant and 93% are awarded the Institution Grant, while 38% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,796, and the same stands at $3,305 for State Grant awardees and $8,350 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,377. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $13,468 per year. The average aid amount stands at $12,321 for an annual family income between $30,001 and $48,000. This amount comes to $10,634 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $10,250. And, for those with a family income of more than $110,000, the amount stands at $8,258. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At LCU, an estimated number of 91% 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)
