by our College Data Analytics TeamMost students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Lorain County Joint Vocational School District can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does Lorain County Joint Vocational School District offer, and what will you qualify for? Keep scrolling for more information. Keep scrolling to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Lorain County Joint Vocational School District.
Financial 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. However, some types of aid are more desirable than others, and some students will receive more than others.
At Lorain County Joint Vocational School District, 79% of first-year full-time students received aid of some kind approximately 34 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,320 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 65% | $4,859 |
| State/local grants | 7% | $4,305 |
| Federal student loans | 44% | $3,161 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Lorain County Joint Vocational School District, about 35% of undergrads got grants or scholarships worth on average $4,801 (among about 59 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 35% | $4,801 |
| Federal Pell grants | 33% | $4,754 |
| Federal student loans | 20% | $3,659 |
For on-campus title-IV students, average grant aid came to $3,618.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,153 |
| $30,001 – $75,000 | $14,739 |
| Over $75,000 | $14,739 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,578 |
| Off-campus title-IV students | $11,870 |
To project your own net price, use Lorain County Joint Vocational School District’s net price calculator: www.lcjvs.com/netprice/index.html.
A typical borrower at Lorain County Joint Vocational School District leaves with $3,242 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,242 |
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Lorain County Joint Vocational School District.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,639 |
| 75th percentile | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at Lorain County Joint Vocational School District.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Lorain County Joint Vocational School District:
| Metric | Value |
|---|---|
| Stafford loan recipients | 284 |
| Total Stafford loan amount | $1,263,259 |
References
More about our data sources and methodologies.