by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Great Lakes Christian College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Great Lakes Christian College provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Great Lakes Christian College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Great Lakes Christian College, 100% of first-time, full-time freshmen received some form of financial aid roughly 48 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $14,002 |
| Institutional grants & scholarships | 81% | $7,396 |
| Federal Pell grants | 63% | $5,627 |
| State/local grants | 67% | $6,507 |
| Federal student loans | 52% | $5,327 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, around 89% of the undergraduate population received grant aid that averaged $12,787 (covering around 156 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $12,787 |
| Federal Pell grants | 53% | $5,965 |
| Federal student loans | 51% | $6,602 |
For on-campus title-IV students, average grant aid came to $14,787.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,663 |
| $30,001 – $75,000 | $16,692 |
| Over $75,000 | $22,594 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $15,524 |
| Off-campus title-IV students | $18,700 |
For a personalized estimate based on your family’s financial situation, use Great Lakes Christian College’s net price tool: www.glcc.edu/admissions/net-price-calculator.
Graduating students at Great Lakes Christian College carry a median federal student debt of $12,250 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,250 |
| Median federal debt (graduates only) | $18,779 |
| Typical 10-year monthly payment (graduates) | $199.09/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Great Lakes Christian College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $26,500 |
| 90th percentile (highest-debt students) | $43,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,545 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,824 |
| Continuing-generation students | $16,376 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,666 |
| Independent students | $18,450 |
A handful of calculated indicators summarize the debt outlook at Great Lakes Christian College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Great Lakes Christian College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1015 |
| Total Stafford loan amount | $17,725,385 |
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 | 2 |
| Total GI Bill amount | $9,486 |
| Average GI Bill amount per recipient | $4,743 |
References
More about our data sources and methodologies.