by our College Data Analytics TeamA lot of 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 cost of going to Laney College can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financing solutions does Laney College deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Laney College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Laney College, 78% of entering full-time freshmen got some type of financial assistance some 197 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $5,164 |
| Institutional grants & scholarships | 73% | $250 |
| Federal Pell grants | 42% | $5,530 |
| State/local grants | 68% | $1,778 |
| Federal student loans | 1% | $9,404 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, roughly 60% of undergraduates were awarded an average grant or scholarship of $2,683 (across approximately 6099 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $2,683 |
| Federal Pell grants | 16% | $4,568 |
| Federal student loans | 1% | $7,542 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $8,225.
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 | $15,270 |
| $30,001 – $75,000 | $16,622 |
| Over $75,000 | $18,938 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $17,110 |
| Off-campus title-IV students | $15,805 |
For a customized cost estimate, visit Laney College’s net price tool: laney.edu/financial_aid/financial-literacy/net-price-calculator/.
Graduating students at Laney College carry a median federal student debt of $9,301 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,301 |
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Laney College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,596 |
| 25th percentile | $3,744 |
| 75th percentile | $15,000 |
| 90th percentile (highest-debt students) | $24,506 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,426 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $7,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,875 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Laney College.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Laney College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2093 |
| Total Stafford loan amount | $21,776,354 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| 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.