College Factual  by our College Data Analytics Team
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Lackawanna College Paying for Your Degree

94% Freshmen Get Financial Aid
$9,356 Average Grant & Scholarship
79% Undergrads Get Grant Aid

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.

Importance of Lackawanna College Aid Information

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.

Average Freshman Financial Aid at 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)87%$9,173
Institutional grants & scholarships38%$4,243
Federal Pell grants69%$5,698
State/local grants49%$4,601
Federal student loans79%$5,921

Grant Aid for Undergraduates at Lackawanna College

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)79%$9,356
Federal Pell grants60%$5,087
Federal student loans72%$8,212

For students living on campus and receiving title-IV aid, grants averaged $8,819.

Income-Adjusted Net Price at Lackawanna College

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage 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.

What a Degree Really Costs at Lackawanna College

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.

CohortAverage 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/.

Median Student Debt for Graduates of Lackawanna College

Graduating students at Lackawanna College carry a median federal student debt of $11,500 of cumulative federal debt.

MetricAmount
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.

How Debt Is Distributed Across Students

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.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,000
25th percentile$5,500
75th percentile$15,250
90th percentile (highest-debt students)$21,000

Median Debt by Student Group at Lackawanna College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$12,000
Middle income$11,000
High income$10,250

First-Generation Comparison

CohortMedian federal debt
First-generation students$12,000
Continuing-generation students$9,750

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$11,000
Independent students$14,750

Summary Debt Indicators

The figure below distills the debt data into a single burden category for Lackawanna College.

Federal Loan Volume at 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:

MetricValue
Stafford loan recipients12791
Total Stafford loan amount$165,827,691

Military and Veterans Aid at Lackawanna College

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

GI Bill volume

MetricValue
GI Bill recipients30
Total GI Bill amount$361,837
Average GI Bill amount per recipient$12,061

DoD program volume

MetricValue
DoD Tuition Assistance recipients2
Total DoD amount$5,750
Average DoD amount per recipient$2,875

References

More about our data sources and methodologies.

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