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Laurus College Financial Aid Details

80% Freshmen Get Financial Aid
$3,768 Average Grant & Scholarship
70% Undergrads Get Grant Aid

Most 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 total price of attendance at Laurus College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.

What financial aid options can Laurus College offer, and what will you qualify for? Keep reading for more information. Read on to see how much school funding could be available to you.

Understanding Laurus College Financial Aid Info

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Laurus College.

What First Years Receive at Laurus 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. However, some types of aid are more desirable than others, and some students will receive more than others.

At Laurus College, 80% of the incoming full-time class was awarded financial aid around 304 incoming students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)77%$5,142
Institutional grants & scholarships0%
Federal Pell grants73%$5,319
State/local grants0%
Federal student loans36%$9,101

Scholarship and Grant Awards at Laurus College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 70% of the undergraduate population received grant aid that averaged $3,768 (across approximately 736 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)70%$3,768
Federal Pell grants67%$3,747
Federal student loans65%$5,852

Title-IV recipients living on campus saw average grant aid of $4,523.

What Families Pay by Income at Laurus College

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$15,693
$30,001 – $75,000$15,916

Remember these are net prices — what families pay after gift aid, not before.

Average Net Price for Laurus College

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$22,733
Off-campus title-IV students$15,693

For an estimate tailored to your family circumstances, see Laurus College’s net price calculator: lauruscollege.edu/about-us/student-consumer-information/.

How Much Students Borrow at Laurus College

The middle student in the debt distribution at Laurus College owes $18,334 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$18,334
Median federal debt (graduates only)$32,416
Typical 10-year monthly payment (graduates)$343.66/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Full Range of Student Debt

The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Laurus College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$9,500
75th percentile$32,001
90th percentile (highest-debt students)$39,000

Debt Outcomes by Student Group at Laurus College

The figures below break down median federal debt by income tier, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$17,500
Middle income$19,000
High income$12,834

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$17,719
Continuing-generation students$19,000

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$11,000
Independent students$19,000

Summary Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Laurus College.

Stafford Loan Activity at Laurus College

The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at Laurus College:

MetricValue
Stafford loan recipients4292
Total Stafford loan amount$87,191,530

Veteran and Military Aid at Laurus College

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients861
Total GI Bill amount$14,348,530
Average GI Bill amount per recipient$16,665

External Resources for Laurus College

References

More about our data sources and methodologies.

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