by our College Data Analytics TeamThe total cost of attendance at Lee University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Interested in understanding the financial aid resources available at Lee University and your eligibility? Find the answers you seek below.
Lee University average financial aid offer for freshmen students is $13,898.00. 98% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Lee University you may end up taking on.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The numbers listed below make reference to help that is offered by Lee University.
85% of new students (666 total) were given scholarships at Lee University, averaging $10,962.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 46% of first-year students (362 total) got federal grant aid, averaging $4,376.00 per person.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 13.85% | $16,411.00 |
| Income 30k-48k | 9.91% | $17,051.00 |
| Income 48k-75k | 13.21% | $13,646.00 |
| Income 75k-110k | 18.04% | $11,674.00 |
| Income 110k + | 29.22% | $11,702.00 |
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.
98% of the 787 undergraduates at Lee University receive some sort of grant aid. This is a total of about 741 students getting an average of $13,898.00 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.