by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Interested in understanding the financial aid resources available at LLCC and your eligibility? Find the answers you seek below.
$5,735.00 is the typical Lincoln Land Community College’s first year financial aid package. About 75% of first year students receive financial aid, most of which is 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.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Lincoln Land Community College you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The following numbers apply to scholarships and grants largely offered by the school itself.
9% of new students (67 total) were given scholarships at Lincoln Land Community College, averaging $3,616.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 55% of first years (421 total) were awarded federal grant aid, averaging $4,445.00 each.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 23.74% | $7,175.00 |
| Income 30k-48k | 10.25% | $6,020.00 |
| Income 48k-75k | 9.21% | $3,115.00 |
| Income 75k-110k | 1.17% | $834.00 |
| Income 110k + | 0.26% | $590.00 |
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.
75% of the 771 undergraduates at Lincoln Land Community College receive some sort of grant aid. This is a total of about 481 students getting an average of $5,735.00 per person.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.