by our College Data Analytics TeamA large number of students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Lionel University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financial assistance solutions will ISSA provide, and just what are you going to be eligible for? Read on for answers. Keep going to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Lionel University.
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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Lionel University, 64% of entering full-time freshmen got some type of financial assistance roughly 16 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $2,359 |
| Institutional grants & scholarships | 4% | $237 |
| Federal Pell grants | 48% | $2,339 |
| State/local grants | 0% | — |
| Federal student loans | 64% | $4,806 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at ISSA, approximately 65% of undergraduates were awarded grant or scholarship aid averaging $4,539 (across approximately 295 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $4,539 |
| Federal Pell grants | 45% | $4,777 |
| Federal student loans | 66% | $8,188 |
For students living on campus and receiving title-IV aid, grants averaged $2,359.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $29,539 |
| $30,001 – $75,000 | $28,013 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $29,453 |
| Off-campus title-IV students | $29,539 |
For a personalized estimate based on your family’s financial situation, use ISSA’s net price tool: lionel.edu/hubfs/net-price-caluculator.html?hsLang=en.
The median student at ISSA graduates with $6,334 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,334 |
| Median federal debt (graduates only) | $12,668 |
| Typical 10-year monthly payment (graduates) | $134.3/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at ISSA.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $2,462 |
| 75th percentile | $9,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,334 |
| Middle income | $6,334 |
| High income | $4,940 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,334 |
| Continuing-generation students | $5,111 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $1,834 |
| Independent students | $6,334 |
The figure below distills the debt data into a single burden category for ISSA.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at ISSA:
| Metric | Value |
|---|---|
| Stafford loan recipients | 483 |
| Total Stafford loan amount | $4,510,133 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 158 |
| Total GI Bill amount | $1,108,999 |
| Average GI Bill amount per recipient | $7,019 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 147 |
| Total DoD amount | $405,898 |
| Average DoD amount per recipient | $2,761 |
References
More about our data sources and methodologies.