by our College Data Analytics TeamMany students attending College of Lake County can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
What financial aid options does College of Lake County offer, and what will you qualify for? Keep scrolling for answers.
$5,432.00 is the typical College of Lake County’s first year financial aid package. About 50% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at College of Lake County.
In addition to scholarships, 37% of first-year students (495 total) got federal grant aid, averaging $4,751.00 per person.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
37% of first-year students at College of Lake County (495 total) got a federal grant, averaging $4,751.00.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 16.48% | $5,585.00 |
| Income 30k-48k | 10.74% | $5,139.00 |
| Income 48k-75k | 8.95% | $2,830.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.60% | $409.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
583 College of Lake County undergrads obtain grant aid (this is about 50% of the entire undergraduate student population). The average amount these students receive is $5,432.00.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.