by our College Data Analytics TeamA lot of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Lu Ross Academy can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial assistance options will Lu Ross Academy offer you, and what will you qualify for? Read on for more information. Scroll down to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Lu Ross Academy.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At Lu Ross Academy, 78% of first-year full-time students received aid of some kind roughly 69 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,937 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 64% | $5,653 |
| State/local grants | 1% | $13,362 |
| Federal student loans | 69% | $5,088 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Lu Ross Academy, about 51% of undergraduate students received gift aid averaging $4,750 (covering around 231 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $4,750 |
| Federal Pell grants | 50% | $4,365 |
| Federal student loans | 53% | $4,682 |
On-campus students receiving title-IV aid were awarded grants averaging $5,203.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,071 |
| $30,001 – $75,000 | $17,216 |
| Over $75,000 | $18,634 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $19,444 |
| Off-campus title-IV students | $18,942 |
For a personalized estimate based on your family’s financial situation, use Lu Ross Academy’s online cost calculator: www.lurossacademy.com/school/net-price-calculator/.
The median student at Lu Ross Academy graduates with $6,333 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $6,333 |
| Typical 10-year monthly payment (graduates) | $67.14/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at Lu Ross Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,575 |
| 25th percentile | $3,666 |
| 75th percentile | $8,825 |
| 90th percentile (highest-debt students) | $10,556 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $6,333 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $5,162 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $6,333 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Lu Ross Academy.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Lu Ross Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2028 |
| Total Stafford loan amount | $13,748,492 |
References
More about our data sources and methodologies.