by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Interested in understanding the financial aid resources available at Iowa Lakes Community College and your eligibility? Find the answers you seek below.
$5,977.00 is the typical Iowa Lakes Community College’s first year financial aid package. A significant 91% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Iowa Lakes Community College.
In addition to scholarships, 80% of freshman students (227 total) obtained federal grant aid, averaging $3,393.00 a piece.
The following scholarships and grants are made up of mainly federally provided grants, plus some state and local grants.
80% of freshmen at Iowa Lakes Community College (227 total) received a federal grant, averaging $3,393.00.
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 | 14.89% | $8,460.00 |
| Income 30k-48k | 5.67% | $7,327.00 |
| Income 48k-75k | 12.41% | $5,628.00 |
| Income 75k-110k | 8.51% | $3,822.00 |
| Income 110k + | 2.48% | $4,388.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
91% of the 282 undergraduates at Iowa Lakes Community College receive some sort of grant aid. This is a total of about 250 students getting an average of $5,977.00 per person.
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.