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.
What financial aid options does Lehigh offer, and what will you qualify for? Keep scrolling for answers.
$42,249.00 is the typical Lehigh University’s first year financial aid package. 69% of first-year students are awarded financial aid, primarily comprising 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.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Lehigh University.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The stats below refer to aid that is provided by Lehigh University.
50% of incoming freshmen (709 total) were awarded scholarships at Lehigh University, averaging $40,307.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 20% of first years (282 total) were awarded federal grant aid, averaging $5,823.00 each.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 9.03% | $55,749.00 |
| Income 30k-48k | 5.26% | $56,315.00 |
| Income 48k-75k | 7.75% | $52,284.00 |
| Income 75k-110k | 6.69% | $44,098.00 |
| Income 110k + | 12.66% | $9,959.00 |
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.
723 Lehigh undergrads obtain grant aid (this is about 69% of the entire undergraduate student population). The average amount these students receive is $42,249.00.
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.