by our College Data Analytics TeamA large number of students will never be charged 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 total price of attendance at Lake Tahoe Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will LTCC offer, and what will you qualify for? Read on for more information. Scroll down to discover how much school funding could be available to you.
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 Lake Tahoe Community College.
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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Lake Tahoe Community College, 65% of new full-time first-years were awarded at least some aid around 144 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $5,863 |
| Institutional grants & scholarships | 8% | $1,369 |
| Federal Pell grants | 40% | $5,217 |
| State/local grants | 52% | $2,491 |
| Federal student loans | 4% | $6,157 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at LTCC, about 36% of undergraduate students received gift aid averaging $4,172 (among about 1212 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $4,172 |
| Federal Pell grants | 13% | $4,821 |
| Federal student loans | 2% | $7,094 |
Title-IV recipients living on campus saw average grant aid of $9,150.
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 | $10,935 |
| $30,001 – $75,000 | $10,969 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,516 |
| Off-campus title-IV students | $10,975 |
For a customized cost estimate, visit LTCC’s net price tool: misweb.cccco.edu/npc/221/npcalc.htm.
The middle student in the debt distribution at LTCC owes $5,100 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,100 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. LTCC.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at LTCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 362 |
| Total Stafford loan amount | $2,897,324 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 0 |
| Total GI Bill amount | $0 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.