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 Louisiana State University and your eligibility? Find the answers you seek below.
Louisiana State University and Agricultural & Mechanical College average financial aid offer for freshmen students is $12,370.00. Financial aid is provided to about 98% of first-year students, with the bulk of support coming in the form of 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.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Louisiana State University and Agricultural & Mechanical College.
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 stats below refer to aid that is provided by Louisiana State University and Agricultural & Mechanical College.
77% of new students (4690 total) were offered scholarships at Louisiana State University and Agricultural & Mechanical College, averaging $6,837.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 92% of first-year students (5608 total) got federal grant aid, averaging $2,057.00 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 | 12.36% | $21,406.00 |
| Income 30k-48k | 6.69% | $17,321.00 |
| Income 48k-75k | 6.30% | $13,101.00 |
| Income 75k-110k | 4.46% | $9,444.00 |
| Income 110k + | 8.88% | $8,408.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
98% of the 6126 undergraduates at Louisiana State University and Agricultural & Mechanical College receive some sort of grant aid. This is a total of about 5954 students getting an average of $12,370.00 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.