by our College Data Analytics TeamA large number of 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 total price of attendance at College of Lake County can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does College of Lake County deliver, and just what are you going to be eligible for? Keep scrolling for answers. Read on to discover how much school funding could be available 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 College of Lake County.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At College of Lake County, 57% of first-time, full-time freshmen received some form of financial aid (about 719 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $6,361 |
| Institutional grants & scholarships | 11% | $1,968 |
| Federal Pell grants | 43% | $5,361 |
| State/local grants | 40% | $2,014 |
| Federal student loans | 3% | $4,721 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, about 35% of the undergraduate population received grant aid that averaged $4,688 (across approximately 4356 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 35% | $4,688 |
| Federal Pell grants | 24% | $4,119 |
| Federal student loans | 2% | $5,477 |
For on-campus title-IV students, average grant aid came to $5,087.
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 | $5,369 |
| $30,001 – $75,000 | $6,480 |
| Over $75,000 | $9,823 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,607 |
| Off-campus title-IV students | $6,212 |
To project your own net price, use College of Lake County’s net price calculator: www.clcillinois.edu/get-started/tuition-and-fees.
The median federal debt load at College of Lake County comes to $5,376 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,376 |
| Median federal debt (graduates only) | $8,735 |
| Typical 10-year monthly payment (graduates) | $92.61/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at College of Lake County.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,312 |
| 25th percentile | $2,250 |
| 75th percentile | $7,316 |
| 90th percentile (highest-debt students) | $12,147 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,098 |
| Middle income | $4,920 |
| High income | $5,000 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,550 |
| Independent students | $7,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. College of Lake County.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at College of Lake County:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6340 |
| Total Stafford loan amount | $45,016,592 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 76 |
| Total GI Bill amount | $240,773 |
| Average GI Bill amount per recipient | $3,168 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 23 |
| Total DoD amount | $26,608 |
| Average DoD amount per recipient | $1,157 |
References
More about our data sources and methodologies.