OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Lyon College Financial Aid and Scholarships 2022

Lyon College is a private, Presbyterian Church (USA) university located in Batesville, AR. The university covers an area of 136 acres. It was in 1872 when the Lyon College was founded. Lyon College believes in imparting education and contributing to society by focusing on innovation, research, education, and commitment. The motto of the university is Latin: Perseverantia Omnia Vincet Deo Volente and its official colors are crimson, navy blue and gold. At Lyon College, the total enrolment sta

Lyon College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$14.037M

Financial Aid Official Website

https://www.lyon.edu/financial-aid

It is interesting to note that almost every student at LC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $2,492,443. One can visit LC's financial aid page at https://www.lyon.edu/financial-aid for more information. At LC, the total percentage of applicants who receive the Federal Grant stands at 45%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 44% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,349, the State Grant receivers and Institution Grant beneficiaries get $1,913 and $19,422, respectively. And, for the Pell Grant awardees, the average aid amount is $4,777. 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 $21,207 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $21,866, while those falling in the $48,001-$75,000 income category get $16,639 a year. On the other hand, the average federal aid stands at $17,362 for those with an annual family income between $75,001 and $110,000, and at $15,615 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 Lyon College, the percentage of candidates who opt to avail of student loans is around 75%.

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