by our College Data Analytics TeamA lot of students are not billed 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 price tag of going to Lancaster Bible College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financial aid options can Lancaster Bible College offer, and what will you qualify for? Keep reading for more information. Keep reading to discover what amount of financial assistance could be accessible 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 Lancaster Bible College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Lancaster Bible College, 100% of first-year full-time students received aid of some kind some 177 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $17,797 |
| Institutional grants & scholarships | 92% | $14,258 |
| Federal Pell grants | 49% | $5,778 |
| State/local grants | 35% | $4,686 |
| Federal student loans | 67% | $5,828 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, about 71% of undergraduates were awarded grant or scholarship aid averaging $12,376 (across roughly 1271 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 71% | $12,376 |
| Federal Pell grants | 35% | $4,898 |
| Federal student loans | 49% | $6,894 |
On-campus students receiving title-IV aid were awarded grants averaging $18,586.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $18,006 |
| $30,001 – $75,000 | $18,477 |
| Over $75,000 | $26,442 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $25,480 |
| Off-campus title-IV students | $22,870 |
For a customized cost estimate, visit Lancaster Bible College’s NPC: lbc.studentaidcalculator.com/survey.aspx.
The middle student in the debt distribution at Lancaster Bible College owes $15,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $20,500 |
| Typical 10-year monthly payment (graduates) | $217.33/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 Lancaster Bible College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $22,950 |
| 90th percentile (highest-debt students) | $30,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $13,834 |
| Middle income | $15,340 |
| High income | $16,750 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,948 |
| Continuing-generation students | $15,375 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,250 |
| Independent students | $14,625 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Lancaster Bible College.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Lancaster Bible College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5121 |
| Total Stafford loan amount | $94,541,742 |
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 | 61 |
| Total GI Bill amount | $523,437 |
| Average GI Bill amount per recipient | $8,581 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $9,000 |
| Average DoD amount per recipient | $2,250 |
References
More about our data sources and methodologies.