$4,419

Avg. Federal Grant

$3,794

Avg. Federal Loan

$10,504,827

Total Aid Awarded

Luzerne County Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

49%

Total Aid Amount Average Total Aid Awarded per year.

$10.505M

Financial Aid Official Website

www.luzerne.edu/financialaid/

Among them are scholarship programs such as Joseph P. Gavenonis Scholarship, Technology Scholarship, and Transfer Student Tuition Scholarship. As many as 80% of the students at LCCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $7,186,210 in a year. The total percentage of candidates applying to Luzerne County Community College who receive the Federal Grant is 61%. On the other hand, 67% of the candidates get the Student Grant, 2% receive the Institution Grant, and 61% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,724, while the same comes to $1,615 for State Grant receivers and $1,505 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,912. 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. 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 LCCC, an estimated number of 43% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

32%

Institution Grant Aid

2%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$4,419

State Grant Aid

$1,531

Institution Grant Aid

$3,855

Pell Grant

$4,373

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,703

$30,001 - $48,000

$4,846

$48,001 - $75,000

$2,412

$75,001 - $110,000

$397

Over $110,000

$119

Student Loans for Luzerne County Community College

Average Loan Amount Average Loan Amount received per year.

$3,832/Year

Students Taking Out Loans

38%

Loan Default Rate

14.4%

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