by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Curious about the financial aid opportunities at Lamar Institute of Technology and what you may be eligible for? Explore the answers here.
Lamar Institute of Technology average financial aid offer for freshmen students is $7,014.00. Financial aid is provided to about 69% of first-year students, with the bulk of support coming in the form of 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.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Lamar Institute of Technology.
As well as scholarships, 54% of freshmen (305 total) obtained a federal grant, for about $5,641.00 a piece.
These grants and scholarships consist of mostly federal grants, as well as some local and state awards.
54% of first-year students at Lamar Institute of Technology (305 total) got a federal grant, averaging $5,641.00.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 25.09% | $4,813.00 |
| Income 30k-48k | 10.18% | $4,496.00 |
| Income 48k-75k | 4.56% | $841.00 |
| Income 75k-110k | 1.05% | $635.00 |
| Income 110k + | 0.35% | $62.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
356 Lamar Institute of Technology undergrads obtain grant aid (this is about 69% of the entire undergraduate student population). The average amount these students receive is $7,014.00.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.