$5,641

Avg. Federal Grant

$5,256

Avg. Federal Loan

$27,786,870

Total Aid Awarded

Lynn University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$27.787M

Financial Aid Official Website

www.lynn.edu/admissions/tuition-and-aid/apply-for-aid

Lynn University(LU) provides financial assistance on the basis of the family’s ability to contribute. Last year, the university awarded over $27,786,870 to 83% of applicants, in financial aid through scholarships, grants, loans, and work-study assistance.

Scholarships

University provides scholarships on the basis of student’s academic achievements, proven leadership, and participation in extracurricular activities- both in their schools and their communities. HU’s merit-based scholarships are offered through the following programs:

  • President’s Scholarship is offered to the fresher students.

  • Dean’s Graduate Scholarship awarded to graduate students who have achieved academic achievements.

  • Faculty Scholarship, awarded to those who scored excellent high school grades.

  • University Scholarship awarded based on a combination of ACT/SAT scores.

Grants

Grants are gift assistance which is awarded on the basis of financial aid. Various grants awarded to the students at the university are as follows:

Federal Grants

  • Federal Pell Grant, awarded only to those students who have not earned a bachelor’s degree.

  • Federal Supplemental Educational Opportunity Grant(SEOG), this grant is awarded to those students who have less financial need.

State Grants

  • Florida Student Assistance Grants are awarded to the students who are residents of Florida.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

23%

State Grant Aid

25%

Institution Grant Aid

92%

Pell Grant

23%

Average Aid Awarded

Federal Grant Aid

$5,641

State Grant Aid

$3,887

Institution Grant Aid

$12,812

Pell Grant

$4,905

A federal grant is also an option for you if you meet the eligibility criteria, 23% of candidates cover up their expenses and the average of it is $5,641. The Pell grants average amount is $4905 and serves 23% candidates.

In addition to these, the state grants also cover up the expenses of 25% of pupils and the average of it is $3,887. You might depend upon the institutional scholarships and grants as almost 92% of all students get hold of them and the average of them is $12,812.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$22,633

$30,001 - $48,000

$20,538

$48,001 - $75,000

$19,339

$75,001 - $110,000

$17,151

Over $110,000

$10,816

A student having an annual family income of less than $30,000 might face an aid amount of $22,633 as the net aid price. You will find this amount to be lowered up to $20,538 in case of an income between the range of $30,001-$48,000.

The aid price decreases gradually as we talk about higher income brackets. For example, a family income ranging from $48,001-$75,000 might make your net price look $19,339 and for a range of $75,001-$110,000, your net aid price will amount to $17,151 and $10,816 for range above $110,000.

Student Loans for Lynn University

Average Loan Amount Average Loan Amount received per year.

$8,830/Year

Students Taking Out Loans

30%

Loan Default Rate

4.9%

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