by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Interested in understanding the financial aid resources available at Laney College and your eligibility? Find the answers you seek below.
$4,791.00 is the typical Laney College’s first year financial aid package. A significant 66% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Laney College.
As well as scholarships, 46% of first-year students (160 total) got a federal grant, for about $4,815.00 per person.
Institutional scholarships and grants for freshmen at Laney College are not available to us. This may happen when a school does not serve typical freshmen students but focuses on adult learners instead. If you continue reading, we may report some facts below about all undergrads.
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 | 32.76% | $6,970.00 |
| Income 30k-48k | 6.55% | $6,479.00 |
| Income 48k-75k | 3.70% | $4,065.00 |
| Income 75k-110k | 0.57% | $2,384.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
232 Laney College undergrads obtain grant aid (this is about 66% of the entire undergraduate student population). The average amount these students receive is $4,791.00.The largest share of which are in the guise of 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.