$5,457

Avg. Federal Grant

N/A

Avg. Federal Loan

$7,583,564

Total Aid Awarded

Oglala Lakota College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$7.584M

Financial Aid Official Website

olc.edu/student_services/financial_aid.htm

Notably, around 97% of the students at Oglala Lakota College receive some kind of financial aid every year, official data shows. More information regarding the financial assistance schemes can be accessed on OLC’s official financial aid page at http://olc.edu/student_services/financial_aid.htm. Notably, a total of 91% of the applicants to Oglala Lakota College receive the Federal Grant every year. On the other hand, 97% of the candidates get the Student Grant, 91% receive the Institution Grant, and 91% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,044, the State Grant receivers and Institution Grant beneficiaries get $3,474 and $2,680, respectively. And, for the Pell Grant awardees, the average aid amount is $4,303. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

93%

State Grant Aid

69%

Institution Grant Aid

97%

Pell Grant

93%

Average Aid Awarded

Federal Grant Aid

$5,457

State Grant Aid

$2,853

Institution Grant Aid

$2,821

Pell Grant

$5,401

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,603

$30,001 - $48,000

$9,708

$48,001 - $75,000

$7,805

$75,001 - $110,000

N/A

Over $110,000

N/A

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