by our College Data Analytics TeamMany students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Laguna College of Art and Design can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial assistance options will LCAD offer, and what will you qualify for? Read on for more information. Read on to see just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Laguna College of Art and Design.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Laguna College of Art and Design, 100% of first-year full-time students received aid of some kind roughly 133 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $11,153 |
| Institutional grants & scholarships | 100% | $8,979 |
| Federal Pell grants | 19% | $4,216 |
| State/local grants | 16% | $8,457 |
| Federal student loans | 44% | $5,062 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At this school, about 100% of undergraduates were awarded grant or scholarship aid averaging $12,292 (across roughly 775 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $12,292 |
| Federal Pell grants | 30% | $5,228 |
| Federal student loans | 43% | $4,688 |
On-campus students receiving title-IV aid were awarded grants averaging $15,484.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $37,903 |
| $30,001 – $75,000 | $39,645 |
| Over $75,000 | $45,428 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $42,505 |
| Off-campus title-IV students | $42,354 |
To get a personalized net price estimate, try LCAD’s online cost calculator: www.lcad.edu/net-price-calculator/.
The median student at LCAD graduates with $18,875 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $18,875 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. These percentiles trace how cumulative federal debt is spread among borrowers at LCAD.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $29,375 |
| 90th percentile (highest-debt students) | $38,724 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $19,500 |
| High income | $15,250 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $18,045 |
| Continuing-generation students | $19,375 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,500 |
| Independent students | $28,430 |
The figure below distills the debt data into a single burden category for LCAD.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at LCAD:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1805 |
| Total Stafford loan amount | $39,009,432 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 31 |
| Total GI Bill amount | $655,232 |
| Average GI Bill amount per recipient | $21,137 |
References
More about our data sources and methodologies.