The majority of 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 price of attendance at Lackawanna College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does Lackawanna College offer you, and what will you qualify for? Keep scrolling for more information. Keep scrolling to see how much school funding could be available 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 Lackawanna College.
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 Lackawanna College, 94% of first-year full-time students received aid of some kind around 360 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $9,173 |
| Institutional grants & scholarships | 38% | $4,243 |
| Federal Pell grants | 69% | $5,698 |
| State/local grants | 49% | $4,601 |
| Federal student loans | 79% | $5,921 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Lackawanna College, about 79% of undergraduates were awarded grant or scholarship aid averaging $9,356 (among about 1529 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $9,356 |
| Federal Pell grants | 60% | $5,087 |
| Federal student loans | 72% | $8,212 |
For students living on campus and receiving title-IV aid, grants averaged $8,819.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,380 |
| $30,001 – $75,000 | $24,129 |
| Over $75,000 | $27,476 |
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 | $19,951 |
| Off-campus title-IV students | $21,248 |
For a customized cost estimate, visit Lackawanna College’s official net price calculator: www.lackawanna.edu/offices-and-departments/financial-aid/net-price-calculator/.
Graduating students at Lackawanna College carry a median federal student debt of $11,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,500 |
| Median federal debt (graduates only) | $18,075 |
| Typical 10-year monthly payment (graduates) | $191.63/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. The percentiles below describe the cumulative federal debt distribution for borrowers at Lackawanna College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $5,500 |
| 75th percentile | $15,250 |
| 90th percentile (highest-debt students) | $21,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,000 |
| Middle income | $11,000 |
| High income | $10,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $9,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $11,000 |
| Independent students | $14,750 |
The figure below distills the debt data into a single burden category for Lackawanna College.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Lackawanna College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 12791 |
| Total Stafford loan amount | $165,827,691 |
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 | 30 |
| Total GI Bill amount | $361,837 |
| Average GI Bill amount per recipient | $12,061 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $5,750 |
| Average DoD amount per recipient | $2,875 |
References
More about our data sources and methodologies.