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LaGrange College Financial Aid & Scholarships

100% Freshmen Get Financial Aid
$26,817 Average Grant & Scholarship
94% Undergrads Get Grant Aid

Many students will not be asked to pay 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 LaGrange College can feel tremendous, but do not forget that almost all students receive some sort of financial help.

What financial aid options can LaGrange offer, and what will you qualify for? Keep reading for more information. Keep going to see what amount of financial assistance could be accessible to you.

Why You Should Understand LaGrange Financial Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from LaGrange College.

Typical First Year Financial Aid at LaGrange College

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.

Looking at the entering class at LaGrange College, 100% of first-year full-time students received aid of some kind roughly 183 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$27,895
Institutional grants & scholarships99%$21,770
Federal Pell grants51%$5,330
State/local grants74%$4,427
Federal student loans75%$5,535

Free Money: Grants and Scholarships at LaGrange College

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, about 94% of undergrads got grants or scholarships worth on average $26,817 (covering around 546 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)94%$26,817
Federal Pell grants43%$5,591
Federal student loans68%$6,362

For on-campus title-IV students, average grant aid came to $28,806.

Net Price by Family Income at LaGrange College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$11,038
$30,001 – $75,000$19,789
Over $75,000$21,972

Each figure is the net price after grants and scholarships, not the published sticker price.

What a Degree Really Costs at LaGrange College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$20,875
Off-campus title-IV students$17,805

To project your own net price, use LaGrange’s net price calculator: [www.lagrange.edu/ADMISSIONS/COST AND AID/Net price calculator.html](https://www.lagrange.edu/ADMISSIONS/COST AND AID/Net price calculator.html).

Median Student Debt for Graduates of LaGrange College

A typical borrower at LaGrange leaves with $15,750 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$15,750
Median federal debt (graduates only)$25,730
Typical 10-year monthly payment (graduates)$272.78/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at LaGrange.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,500
25th percentile$5,500
75th percentile$26,001
90th percentile (highest-debt students)$32,000

Median Debt by Student Group at LaGrange College

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$15,000
Middle income$18,250
High income$15,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$16,000
Continuing-generation students$15,000

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$15,000
Independent students$22,500

Debt Burden Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. LaGrange.

Stafford Loan Activity at LaGrange College

Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at LaGrange:

MetricValue
Stafford loan recipients5352
Total Stafford loan amount$116,019,207

Veterans Benefits at LaGrange College

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

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients10
Total GI Bill amount$156,163
Average GI Bill amount per recipient$15,616

References

More about our data sources and methodologies.

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