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 amount of Lynn University Fighting Knights financial assistance will actually be available to you?Get answers to your questions here.
$18,127.00 is the typical Lynn University’s first year financial aid package. 99% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Lynn University.
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 pertain to assistance that is supplied by Lynn University.
98% of incoming freshmen (711 total) were given scholarships at Lynn University, averaging $15,312.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 25% of freshman students (184 total) obtained federal grant aid, averaging $6,331.00 a piece.
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 | 15.86% | $24,136.00 |
| Income 30k-48k | 6.48% | $22,047.00 |
| Income 48k-75k | 4.69% | $19,485.00 |
| Income 75k-110k | 7.72% | $17,403.00 |
| Income 110k + | 12.83% | $16,388.00 |
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.
Of the 725 undergraduate students at Lynn University around 99% (717 total) receive some form of grant aid. The typical amount awarded was $18,127.00.
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.