by our College Data Analytics TeamMany students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Laredo College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financing solutions does Laredo College provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to learn how much school funding will be available 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 Laredo College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Laredo College, 88% of new full-time first-years were awarded at least some aid (about 1043 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $7,038 |
| Institutional grants & scholarships | 10% | $1,448 |
| Federal Pell grants | 83% | $6,528 |
| State/local grants | 24% | $2,072 |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Laredo College, about 41% of the undergraduate population received grant aid that averaged $5,742 (across approximately 4129 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 41% | $5,742 |
| Federal Pell grants | 39% | $5,324 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $5,671.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $4,990 |
| $30,001 – $75,000 | $6,265 |
| Over $75,000 | $9,344 |
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 | $5,798 |
| Off-campus title-IV students | $5,309 |
To get a personalized net price estimate, try Laredo College’s net price tool: apps.highered.texas.gov/net-price-calculator/.
The median student at Laredo College graduates with $2,334 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $2,334 |
| Median federal debt (graduates only) | $2,959 |
| Typical 10-year monthly payment (graduates) | $31.37/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
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 Laredo College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $750 |
| 25th percentile | $1,167 |
| 75th percentile | $2,916 |
| 90th percentile (highest-debt students) | $4,250 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $3,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $2,334 |
| Independent students | $3,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Laredo College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Laredo College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3056 |
| Total Stafford loan amount | $15,748,893 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 59 |
| Total GI Bill amount | $138,193 |
| Average GI Bill amount per recipient | $2,342 |
References
More about our data sources and methodologies.